How inflation is having an impact on wide swaths of the U.S. economy and what tools are available to curb the rise.
In this episode, FP’s Cameron Abadi and Adam Tooze discuss how inflation is having an impact on wide swaths of the U.S. economy and what tools are available to curb the rise. Tooze also looks back at past inflation crises to help decipher what course may be most prudent this time around. In the second segment, the two discuss the critical state of Sri Lanka’s economy, which has suspended payments of its $51 billion in foreign debt. Tooze says Sri Lanka’s crisis may be a harbinger for other developing economies that are still reeling from the COVID-19 crisis.
About Ones and Tooze: Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On FP's hit podcast, Tooze and FP deputy editor Cameron Abadi look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column here. See All Episodes
More Ones and Tooze episodes:
Ask Adam Anything on Inflation
Adam and Cameron answer more of your listener questions.
Ask Adam Anything on China
Plus: We’re celebrating two years of Ones and Tooze.
The Economic Philosophy of George Soros
Adam and Cameron take a look at the legacy of the OSF’s founder.
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