Video Duration 25 minutes 35 seconds
From: Counting the Cost

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

As Biden’s $4 trillion economic growth plan faces political obstacles, prices and wages are already on the rise.

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.


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