Everybody’s Business: Are We Headed For Stagflation?

The Roosevelt Island Tram is a monument to the 1970s stagflation era when New York City ran out of money and couldn't borrow any more to build a subway between Manhattan and the island in the East River. On this episode of Everybody's Business, Stacey Vanek Smith and Allison…

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.