Macro Musings with David Beckworth cover image

Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative

Macro Musings with David Beckworth

00:00

The Greedflation Story Isn't a Serious Theory

Ilyse Hogue: I think people are concerned in the broad sense with rising markups. She says she thinks most of her research is looking at firms that do dodgy and often illegal stuff. "We're not the people who think markets work, you know, we're the people whoThink markets are breaking all over the place" But does she believe there was like some economy wide switch that changed to the nature of competition? Not really, she says.

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