Ukraine War Causing 'Anti-Goldilocks Economy': Fels

The video discusses the economic challenges faced due to inflation and the war, leading to an anti-Goldilocks economy characterized by stagflation. It explains the four channels of transmission affecting the economy: commodity prices, supply chain disruptions, financial conditions, and consumer confidence. The overall impact is a stagflationary environment with a rising risk of recession.

What is meant by an 'anti Goldilocks economy'?

What are the four channels of transmission mentioned in relation to the economic impact of the war?

How has the war affected commodity prices according to the text?

What impact does the war have on consumer and business confidence?

What are the potential risks associated with the current economic situation as described in the text?