Recommended follow-up articles:
The war in Iran has sent American inflation sharply higher: https://www.economist.com/interactive/inflation-tracker
America faces another grocery-price shock: https://www.economist.com/business/2026/05/10/america-faces-another-grocery-price-shock
Donald Trump’s approval rating has sunk to Joe Biden’s lowest point: https://www.economist.com/graphic-detail/2026/04/01/donald-trumps-approval-rating-has-sunk-to-joe-bidens-lowest-point
If you appreciate the research, consider buying me a ‘coffee’ at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS?
△ https://school.moneymacro.net/p/industrial-policy-masterclass
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
SOURCES:
I’ve linked my sources in the blog that goes along with this video. Links are in the text.
https://www.moneymacro.rocks/blog
Timestamps:
Attribution:
Music by Epidemic Sound: http://nebula.tv/epidemic
Thank you to AP Archive for access to their archival footage.
Stock footage and others clips by Getty
Narrated and produced by Dr. Joeri Schasfoort
Edited by Natalia Karpacz
Credit to : Money & Macro