Is Inflation About to Take Off? That’s the Wrong Question

Started by ergophobe, January 20, 2021, 10:53:49 PM

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ergophobe

January 20, 2021, 10:53:49 PM
Some analogies can help in assessing the risks: a yo-yo, hungry bears, a sloshing bathtub and a reflating balloon.
https://www.nytimes.com/2021/01/16/upshot/inflation-rise.html


Short version: what matters is WHY inflation is up, not IF inflation is up.
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