3min chapter

Odd Lots cover image

Tim Duy on the Huge Challenge the Fed Now Has in 2022

Odd Lots

CHAPTER

Is There a Failure of Traditional Economics to Predict Inflation?

Timothy Stanley: Did economists fail to see this coming? So forecasting is hard, and the underlying structure the economy could shift. And i don't know if there's really a failure of any one given strand of economic thought or maco economicfamrety. It's more of when i see just uwillingness to youre evolved from whatever your fixed position is as that incoming data arrives.

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