Inflation vs Deflation in 2020 From Monetary Stimulus & Pandemic? Professor Laurence M Ball Explains

Inflation vs deflation: should either be a concern due to the huge monetary stimulus in response to the pandemic? Jason asks Professor Laurence M Ball, professor of economics at Johns Hopkins University about his views on inflation, unemployment, and the economy during the health and economic crisis.
0:00 Professor Laurence M Ball Introduction
1:35 Why Professor Ball is not worried about inflation
2:36 What would Milton Friedman say about inflation today?
3:17 People are being affected unevenly in this recession
5:08 Are the reported unemployment rates accurate?
7:30 Are the reported inflation rates accurate?
9:32 Why wouldn't monetary stimulus increase inflation?

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#inflation #deflation #unemployment