There is a version of the 2021–24 inflation story that goes something like that: a once-in-a-generation pandemic collided with a war in Europe, supply chains seized up around the world, and prices rose in ways that no one could have anticipated or prevented.
Expectations, Policy, and the Anatomy of…
There is a version of the 2021–24 inflation story that goes something like that: a once-in-a-generation pandemic collided with a war in Europe, supply chains seized up around the world, and prices rose in ways that no one could have anticipated or prevented.