Will the US need a drastic response to inflation?
Phenomenal piece of writing, thank you.
You are top notch.
"Inflation is always and everywhere too much money chasing too few stuff." That is the most misleading proposition! https://marcusnunes.substack.com/p/misleading-propositions-and-rules?s=w
The "Origins of the Great Inflation" reflected the complete failure of monetary policymakers to realize that inflation was a monetary phenomenon, while at the same time maintaining the employment obsession of the previous decade.
https://thefaintofheart.wordpress.com/2012/08/25/the-origins-of-the-great-inflation/
Phenomenal piece of writing, thank you.
You are top notch.
"Inflation is always and everywhere too much money chasing too few stuff." That is the most misleading proposition! https://marcusnunes.substack.com/p/misleading-propositions-and-rules?s=w
The "Origins of the Great Inflation" reflected the complete failure of monetary policymakers to realize that inflation was a monetary phenomenon, while at the same time maintaining the employment obsession of the previous decade.
https://thefaintofheart.wordpress.com/2012/08/25/the-origins-of-the-great-inflation/