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Food Prices Are New Inflation Threat for Governments and Central Banks

  • Article
  • Apr 9, 2023
  • #Inflation #Pricing #CentralBank
Paul Hannon
@PaulHannon29
(Author)
www.wsj.com
Read on www.wsj.com
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With food commodity prices down from their peaks, widening profit margins might explain why consumers are paying more.

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Steve Hanke @steve_hanke ยท Apr 14, 2023
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WSJ's Paul Hannon blames persistent inflation on widening profit margins in the food industry. Hannon's confusing INFLATION w/ RELATIVE PRICE CHANGES. Hannon should read Greenwood & Hanke, "On Monetary Growth and Inflation" in the JACF (Fall 2021).
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