@bloombergbusiness: The Roosevelt Island Tram is a monument to the 1970s stagflation era when New York City ran out of money and couldn't borrow any more to build a subway between Manhattan and the island in the East River. On this episode of Everybody's Business, @Stacey Vanek Smith and Allison Schrager ride the tram and talk stagflation: what is it and are we headed in that direction again? Listen to the full episode wherever you get your podcasts. #US #news #economy #money #inflation

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Friday 21 August 2026 20:16:11 GMT