CNBC Television published this video item, entitled “Inflation will soften, but expect a ‘sustained period of economic slack,’ says Tyler Goodspeed” – below is their description.
Tyler Goodspeed, Cato Institute adjunct scholar and former acting CEA chairman, and Anthony Scaramucci, Skybridge Capital founder, join CNBC’s ‘Squawk Box’ to discuss inflation, the U.S. economy, and more.
CNBC Television YouTube Channel
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About This Source - CNBC Television
CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
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.