3min chapter

Patrick Boyle On Finance cover image

Are Taylor Swift and Beyoncé to Blame?

Patrick Boyle On Finance

CHAPTER

The Inflationary Effects of Big Events

Big events like a Taylor Swift concert are helping the hospitality industry in Nashville. But does this mean that they're inflationary? Inflation is calculated from the change in prices of a basket of goods. Concerts and hotel rooms are in the basket, but they have such a lightweight price tag.

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