Rudyard Griffiths and Sean Speer examine rising inflation concerns following a hot U.S. CPI report, exploring whether central banks have learned lessons from recent inflationary periods. They discuss the political and economic pressures facing policymakers, the challenges of balancing growth against inflation control, and whether debt monetization has become the path of least resistance for indebted governments. The conversation addresses Canada's unique predicament of low growth amid deficit spending and questions whether sustained higher inflation may become the new normal.
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