FBN's Charlie Gasparino On Record Inflation - a podcast by Radio.com

Charlie Gasparino, Senior Correspondent for Fox Business Network, joins the Dom Giordano Program to dissect and discuss the record inflation we’re seeing in the country, spurred by Coronavirus and policies enacted by the Biden administration. First, Gasparino and Giordano discuss the comparisons drawn to the 70s, with many remembering gas lines similar to what we’re seeing now, to which Gasparino explains that the comparison is not entirely accurate, telling the differences between the crisis of the 70s and that which we’re seeing today. Gasparino discusses the concept of ‘stagflation,’ which is persistent high inflation combined with heightened employment and a lack of demand, pointing out that there’s not much evidence yet that we’ll be entering into another period of stagflation, similarly to President Carter’s economic crisis. (Photo by Chip Somodevilla/Getty Images)

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