How Real is the Threat of Inflation?

The latest barrage of punditry deals with inflation in the United States and calls by some to get out ahead of it and adjust monetary and fiscal policies. By way of background, it is worth recalling that the American economy is coming out of the worst decline in GDP in over a century and that the impact of the Covid-19 pandemic and the ensuing and necessary lockdowns have scarred the economy. That said, there are reasons to examine price rises over the past few months.

Author: Danny Leipziger

Publication Type: Economic Viewpoint

Publication Year: 2021

Download: How Real is the Threat of Inflation?