If You Want To Predict Where Inflation Will Go In 2024 Watch This
Eurodollar University
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Supply Shock Cases and Inflation: Historical Examples and Current Parallels
This chapter discusses historical examples of supply shocks and their impact on consumer prices, drawing parallels between past scenarios and the current supply-demand imbalances. The speakers highlight the prolonged periods it takes for consumer price rates to return to normal levels after a surge in prices and analyze the concept of 'transitory disinflation.' They also explore the relationship between oil prices and inflation, debunking common misconceptions and emphasizing the contribution of shelter prices to the Consumer Price Index (CPI).
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