With such an unprecedented synchronised global growth shock and fiscal and monetary stimulus, many people think that we will get either deflation or inflation over the coming months. This video looks at the causes of deflation and inflation, how fiscal & monetary policies can influence it, what history can teach us and we examine some of the forecasts about what will happen next.
Here is the link for the FRED inflation probability graph I mentioned in the video https://fred.stlouisfed.org/graph/?g=qIVp
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