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Is Inflation About to Take Off? That’s the Wrong Question
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Topic: Is Inflation About to Take Off? That’s the Wrong Question (Read 2030 times)
ergophobe
Inner Core
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Posts: 9570
Is Inflation About to Take Off? That’s the Wrong Question
«
on:
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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Is Inflation About to Take Off? That’s the Wrong Question