Balance of Power Full Show (06/13/2022)

Bloomberg Markets and Finance published this video item, entitled “Balance of Power Full Show (06/13/2022)” – below is their description.

On Bloomberg’s ‘Balance of Power’ with David Westin, Douglas Holtz-Eakin, American Action Forum president, on inflation and the possibility of recession; Rep. Jim Clyburn, (D) South Carolina on the Jan. 6 hearings, gun control and upcoming elections; Dan Yergin, S&P Global Vice Chairman, on record high energy prices.

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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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