1/8. A point which is often lost in discussions of inflation and central bank policy. Inflation is fundamentally the outcome of the distributional conflict, between firms, workers, and taxpayers. It stops only when the various players are forced to

Frances Coppola @Frances_Coppola · Dec 31, 2022

Interesting thread about the distributional causes of inflation.

Tweet Dec 30, 2022

by Olivier Blanchard

Recommended by 1 person

1 mention