Don't Think Fed Will Let Inflation Get Out of Control: Krugman

The video discusses a debate on economic views, focusing on the $1.9 trillion fiscal stimulus and its impact on demand. It examines the Federal Reserve's role in controlling inflation and the historical context of inflation expectations. The discussion also explores potential fundamental shifts in economic policy in response to the pandemic.

What historical events does the speaker reference when discussing inflation expectations?

What does the speaker imply about the future of economic policy in the United States?

In what ways does the speaker suggest the current economic situation differs from past experiences?