Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative
Macro Musings with David Beckworth
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The Kansas City Fed Study and Expectations
The Kansas City Fed story is often used as a reference point for those who take the greedflation view. And I believe what they say is it's actually pretty normal for firms if they're anticipating cost increases in the future to kind of get things in order so that they're creased their markups. So we shouldn't be surprised, especially during a recovery, during a recovery,. Things are going to get more expensive and therefore it's normal to expect some, something like this to happen.
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