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🐝 “Yonce-flation” — Beyonce’s Swedish Inflation. Spotify’s YouTube strategy. Cava’s bistro IPO.

The Best One Yet

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The Micro Beyonce Effect and the Pandemic

During the pandemic demand for buying things surged just like Stockholm saw during the Beyonce visit. But during the pandemic supply actually shrank for most of the world. That was how Beyonce caused inflation in all of Sweden. During the pandemic it's simply a bigger version of that that caused inflation across the whole world. So besties to understand global inflation simply look at a Beyonce concert in one country. It's the same thing just on a smaller scale.

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