Nobel Laureate: Will Trump Tariffs Trigger Hyperinflation? | Simon Johnson

Simon Johnson, Professor of Entrepreneurship at MIT' Sloan School of Management and the 2024 co-recipient of the Nobel Prize in Economics, discusses Trump's economic policies, causes of financial crises, future of interest rates, and societal implications of economic growth.

*This video was recorded on November 1, 2024

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0:00 - Intro
1:40 - Financial crisis
3:09 - Banks’ unrealized losses
4:11 - Interest rate outlook
5:19 - Too big to fail banks
10:46 - Long-term economic growth
14:30 - Capitalism vs. Socialism
16:33 - Fighting hyperinflation
18:35 - Inflation in the U.S.
19:33 - Tariffs
22:10 - Bringing prosperity to Americans

#economy #election #trump