The Indicator from Planet Money · Thursday, August 13, 2026
Economist Mike Strain's primary concern for the economy is inflation. He believes that aside from this issue, the gradually cooling economy is essentially returning to a state of 'business as usual,' and is neither K-shaped nor C-shaped, but simply a 'normal economy.'
“It's the I word that worries him most of all, inflation.”
“I don't think we're in a K-shaped economy. I don't really think we're in a C-shaped economy. I think we're just in a normal economy.”