The past four decades were marked by disinflation as new technologies cut production costs, pushing out the supply curve, and low levels of government spending weighed on demand. Robert Huebscher of Advisor Perspectives speaks with renowned economist, Dr Horace “Woody” Brock, about why short-term inflationary pressures attributed to Covid-19 will bleed into a longer period of higher inflation, with demand rising in the years ahead, as governments become accustomed to spending vast sums of money and workers regain their bargaining power.

Interview  (33 mins)