Are we in a new era of permanently higher prices?

Inflation is at a three-year high. That’s a problem for the Fed. Yet, under the leadership of new chair Kevin Warsh, it opted yesterday not to hike interest rates. So today on the show, who are the winners and who are the losers amidst higher inflation? Mark Blyth’s book, co-authored with Nicolò Fraccaroli is Inflation: A Guide for Users and Losers . Fact checking by Sierra Juarez . Your Next Listen — Why big banks aren’t interested in your savings account Connect with The Indicator — Sign up fo