Bloomberg
Everybody’s Business: Are We Headed For Stagflation?
Friday, August 21, 2026
The Roosevelt Island Tram was built during the 1970s when New York City faced fiscal constraints that prevented subway construction between Manhattan and Roosevelt Island. Bloomberg's "Everybody's Business" podcast episode examined stagflation—a period of simultaneous economic stagnation and inflation—through the tram's history and discussed whether current economic conditions resemble that era.
