Why the world can’t easily quit the U.S. economy

Inflation in the U.S. has been rising since the spring, and the job market is softening. Will these trends extend beyond our borders? Mohamed A. El-Erian is president of Queens’ College, University of Cambridge and Renee Kerns Professor of Practice at the Wharton School of the University of Pennsylvania. He joins host Krys Boyd to discuss how American economic trends spread globally, why even a devalued dollar is still the currency preferred internationally and if Federal Reserve President Jerome Powell should resign. His article “Is America Breaking the Global Economy?” was published by Foreign Affairs.