The Phillips Curve — Complete Guide | Inflation, Unemployment & Expectations
9:32
YouTubeMacro Economics with Michael.
The Phillips Curve — Complete Guide | Inflation, Unemployment & Expectations
The complete Phillips Curve explainer — from the 1958 origin to today's modern flattened curve. Why does low unemployment usually mean high inflation? Why did the 1970s break the model? And why do central banks now focus on managing your expectations? Chapter markers: 0:00 Intro — The Phillips Curve seesaw 0:30 Chapter 1 — Low U, high ...
16K views1 month ago
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