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2min chapter
S5 Ep49: How did inflation get so high?
VoxTalks Economics
Factors contributing to high inflation and prospects for improvement
This chapter discusses the factors that have led to high inflation, including unusual shocks, drifting expectations, doubts on credibility, and a focus on deflation. The speaker acknowledges past mistakes but expresses optimism about returning to 2% inflation by 2024-25.
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