Will the return of big government lead to a spike in inflation? | Counting the Cost

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  • Al Jazeera English published this video item, entitled “Will the return of big government lead to a spike in inflation? | Counting the Cost” – below is their description.

    Two decades after Bill Clinton declared the end of big government, US President Joe Biden is preparing to tax the rich and corporations to pay for recovery and level the widening gap between the richest and poorest in society.

    His plans signal an end to the Reagan-era accepted consensus of trickle-down economics.

    But all these plans may have unintended side effects, such as inflation. Investors are already jittery about the prospect of runaway inflation.

    Plus, Primus’s Kaia Parv and Black Square’s Robert Quartly-Janeiro talk to us about inflation and the recovery.

    And, we talk football finances with EM Lyon business school’s Simon Chadwick.

    Al Jazeera English YouTube Channel

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    In This Story: Joe Biden

    Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.

    He is married to Dr Jill Biden.

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