The Economist Asks: How can governments fight inflation?

Consumer prices across the rich world are rising by more than 9% year on year, the highest rate since the 1980s. Paul Krugman, the Nobel prize-winning economist, talks to host Anne McElvoy and Henry Curr, The Economist’s economics editor, about how governments and central banks should respond. We also ask if a recession can be avoided, and whether the era of big government spending is over.Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

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One question posed to a high-profile newsmaker, followed up with lively debate. Anne McElvoy hosts The Economist's chat show. Recent guests include Henry Kissinger, Chris Patten and Maggie Gyllenhall.Sign up for Economist Podcasts+ at www.economist.com/podcastsplusIf you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.