Thank you to everyone who asked me follow up questions after my last column (Four Countries and Three Theories: The Modern Inflation Mystery[1]). The most common question was about the role of supply shortages in driving current inflation. Some of the questions came from readers in Europe. Some from readers in the US. The answer is generally the same but the supply-side effects are much bigger in Europe these days than in the US. I’ll try to give some insight into the situation on both sides of the Atlantic.
Global Econ Q&A: Supply Problems and Inflation
Global Econ Q&A: Supply Problems and…
Global Econ Q&A: Supply Problems and Inflation
Thank you to everyone who asked me follow up questions after my last column (Four Countries and Three Theories: The Modern Inflation Mystery[1]). The most common question was about the role of supply shortages in driving current inflation. Some of the questions came from readers in Europe. Some from readers in the US. The answer is generally the same but the supply-side effects are much bigger in Europe these days than in the US. I’ll try to give some insight into the situation on both sides of the Atlantic.