2min chapter

Free Thoughts cover image

Inflation! (with Norbert Michel)

Free Thoughts

CHAPTER

The Demand Side of Inflation?

People having essentially too much easy money, or too much money in their pockets, chase after fewer goods. The classic formulation of inflation? More spending, more demand, more spending, prices rise. So i think it would i so we were looking at the demand side and saying, you know, it's probably best to start tightening now. Still, want to be careful, don't want to go crazy and tighten too much. Now there's even talk of maybe a full point. Oukn full one percentage point tightening.

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