Economists Struggle to Come to Terms with “Immaculate Disinflation”. Many economists misinterpreted the nature of the inflation spike to begin with, viewing it primarily as a product of excessive demand rather than of pandemic-era supply disruptions, which have now largely disappeared.

Economists Struggle to Come to Terms with “Immaculate Disinflation”. Many economists misinterpreted the nature of the inflation spike to begin with, viewing it primarily as a product of excessive demand rather than of pandemic-era supply disruptions, which have now largely disappeared.

by mafco