2min chapter

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Stagflation 2.0 Is Here To Stay | Ronald Stöferle and Mark Valek

Forward Guidance

CHAPTER

Is the Inflation Really Ending?

We are coming from decades f of disinflation, this great moderation. We wrote that we think that this is ending, or has ended, actually. When when this ends, and when this inflationar environment holds on, s on for longer than perhaps we are now currently or the main stream is now anticipating,. i think e the problem really could become very bad when the inflation expectations getet anchored on a higher level. And if they are not, a provoking a acid price deflation, that is too bad.

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