Summary:
Note: this is an unedited first draft from my manuscript with a working title “What is Inflation?” This book is aimed to be a primer that acts an introduction to inflation, without being tied to any theory that predicts inflation. The reason is that online discussions of inflation invariably have a lot of superstitions that need to be dealt with before we even get to the thornier questions of inflation theory. This section is from a chapter at the end of the book that deals with the issue of the post-pandemic inflation spike. I am not attempting to do any forecasts, on the basis that it is likely that the bulk of the readers of my book will be reading it after 2025 (based on the sales patterns of my other books), and so would not be interested in what I thought would happen in 2023-4.
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Mike Norman considers the following as important:
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Note: this is an unedited first draft from my manuscript with a working title “What is Inflation?” This book is aimed to be a primer that acts an introduction to inflation, without being tied to any theory that predicts inflation. The reason is that online discussions of inflation invariably have a lot of superstitions that need to be dealt with before we even get to the thornier questions of inflation theory. This section is from a chapter at the end of the book that deals with the issue of the post-pandemic inflation spike. I am not attempting to do any forecasts, on the basis that it is likely that the bulk of the readers of my book will be reading it after 2025 (based on the sales patterns of my other books), and so would not be interested in what I thought would happen in 2023-4.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Note: this is an unedited first draft from my manuscript with a working title “What is Inflation?” This book is aimed to be a primer that acts an introduction to inflation, without being tied to any theory that predicts inflation. The reason is that online discussions of inflation invariably have a lot of superstitions that need to be dealt with before we even get to the thornier questions of inflation theory. This section is from a chapter at the end of the book that deals with the issue of the post-pandemic inflation spike. I am not attempting to do any forecasts, on the basis that it is likely that the bulk of the readers of my book will be reading it after 2025 (based on the sales patterns of my other books), and so would not be interested in what I thought would happen in 2023-4. Since this is in a book manuscript, it casually references other sections, which may or may not have appeared as drafts online already....Bond Economics
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