If we ask the question "What do we know for sure about inflation?", my initial reaction was to believe that there would not be much to discuss, given the complexity of the topic. However, given the disinformation that has been vomited all over the internet about inflation in the past decades, there is a certain amount of common beliefs about inflation that are completely and hilariously wrong. Debunking them gives the book a bit of an interesting hook, although I will include some straightforward explanation of historical trends, and patterns of behaviour within the data....Bravo. I just called for this yesterday as a follow-up to Stephanie Kelton's The Deficit Myth. Now that the debate has shifted, the inflation constraint is front and center, and nonsense views are flying about.
Monday, March 22, 2021
Book Concept: Inflation Primer — Brian Romanchuk
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Now that the debate has shifted, the inflation constraint is front and center,... Tom Hickey
What should be front and center is an ethical money system and then price inflation would be at most a nuisance and not a cause for the victims of an UN-ethical money system to revolt.
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