AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is There an Inflation Bias?
In the early eighties, you had thata lationary bias. It seems like that these biasese may be come from a natural sense of contrarianism. How do you feel about the current environment? I guess, relative to those, those earlier periods? Well, 70, 79 was the end of something. 81 was the beginning of something. Without regin, disinflation might not have happened.