Inflation Is Leaving Americans Behind: Stevenson

Betsey Stevenson, economist and professor at the University of Michigan's Ford School of Public Policy, says persistent inflation is eroding the purchasing power of Americans who have remained in the same jobs. Stevenson, who describes herself as a monetary policy dove, says inflation remains the greater economic threat and should be addressed before it becomes more difficult to contain. She speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Sourc...