A former Obama economic advisor says inflation warnings about the new stimulus bill are 'absurd' — here's why

Paul Constant is a writer at Civic Ventures and a frequent cohost of the “Pitchfork Economics” podcast with Nick Hanauer and David Goldstein. In the latest episode, Hanauer and Goldstein spoke with economist Austan Goolsbee on whether or not government stimulus spending could cause hyperinflation. Goolsbee says that hyperinflation is highly unlikely […]

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Biden signs $1.9 trillion Covid-19 relief bill into law

(CNN)President Joe Biden signed his sweeping $1.9 trillion Covid-19 economic relief package into law on Thursday afternoon. “This historic legislation is about rebuilding the backbone of this country and giving people in this nation, working people, middle class folks, people who built the country, a fighting chance,” Biden said in […]

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