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Cato Video • April 14, 2023 

# Economics Videocast: “We Need To Talk About Inflation…” 

Cato’s Ryan Bourne interviews HSBC economist Stephen D. King about his new book [*We Need To Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years*](https://www.amazon.com/We-Need-Talk-About-Inflation/dp/030027047X). The pair discuss why policymakers missed the inflation surge, the link between monetary and fiscal policy, the economic costs of inflation, the difficulties of curbing inflation, and how inflation leads to misguided policy responses—such as wage and price controls.

##### Featuring 

[![Ryan Bourne](/sites/cato.org/files/styles/author_picture/public/2021-01/Ryan%20Bourne.jpg?itok=nv8-2r7d)](/people/ryan-bourne) 

##### [Ryan Bourne](/people/ryan-bourne)

R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute

[ 

](https://x.com/MrRBourne) [ 

](mailto:rbourne@cato.org) 

![Stephen D. King](/sites/cato.org/files/styles/author_picture/public/2023-04/Stephen-D-King.jpg?itok=kvxqwqV4) 

##### Stephen D. King 

British Economist and Author, *We Need To Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years*