January Stagflation

January Stagflation

February 20, 2024

A key economic mistake people make is thinking growth leads inflation.  One reason they do that is because inflation is a monetary phenomenon.  When money is too easy, first growth rises, and then inflation rises with a longer lag due to excess dollars in the system.  This process reverses when money is tight, first growth slows, then with a longer lag inflation does too.

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