Everybody's Business: Are We Headed For Stagflation?

A Bloomberg podcast episode explores the concept of stagflation—a combination of stagnant economic growth and high inflation—by examining the Roosevelt Island Tram as a historical artifact from the 1970s stagflation crisis when New York City faced severe financial constraints. Hosts Stacey Vanek Smith and Allison Schrager discuss what stagflation is and whether the current economic environment is moving in that direction.