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Explore the potential for stagflation in the United States through a thought-provoking panel discussion featuring renowned economic experts. Delve into the complex interplay of persistent supply shocks, geopolitical factors, and their impact on inflation. Examine the risks to economic growth posed by rising prices and the Federal Reserve's monetary policy tightening. Investigate long-term challenges such as population aging, declining fertility rates, and the costly transition to green energy, which may contribute to lower potential growth. Compare current economic conditions to those of the 1970s, when stagflation last occurred. Gain valuable insights from Laurence D. Fink, Neel Kashkari, Melissa Kearney, and Lawrence H. Summers as they engage in a dynamic conversation moderated by The Wall Street Journal's Greg Ip. This hour-long Aspen Institute event, part of the McCloskey Speaker Series in collaboration with the Aspen Economic Strategy Group, offers a comprehensive analysis of the economic forces shaping the United States' financial future.
