Macro Musings with David Beckworth cover image

Heather Long, Ryan Avent, and Cardiff Garcia on Pandemic Reflections and Economic Predictions for the Future

Macro Musings with David Beckworth

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I Don't Hate Inflation as Much as Most People Do

David Rothkopf: I don't hate inflation as much as most people do. But it is sort of the curse not just of the social scientists, but frankly of the human mind that it's hard to process counterfactuals. He says he thinks in a few years we won't be talking about inflation and will look back with a good chuckle at how bad it could have been. And one of my concerns is that this high inflation may have harmed future prospects for makeup policy.

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