No, Covid spending wasn’t the only factor, but…

 Barro, CPI rate correlation with covid spending in 37 countries pic.twitter.com/AD47gPTbYb — 161phi (@161phi) January 21, 2024 A year or so ago I recall telling Bari Weiss in a podcast that the inflation was perhaps half real shocks, half an aggregate demand problem.  Don’t let the revisionists talk you into the hardcore RBC view!
The post No, Covid spending wasn’t the only factor, but… appeared first on Marginal REVOLUTION. 

Barro, CPI rate correlation with covid spending in 37 countries pic.twitter.com/AD47gPTbYb

— 161phi (@161phi) January 21, 2024

A year or so ago I recall telling Bari Weiss in a podcast that the inflation was perhaps half real shocks, half an aggregate demand problem.  Don’t let the revisionists talk you into the hardcore RBC view!

The post No, Covid spending wasn’t the only factor, but… appeared first on Marginal REVOLUTION.

 Data Source, Economics 


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