Carola Binder on the Importance of Inflation Expectations and How Policymakers Should Respond
Macro Musings with David Beckworth
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Is There a Linear Relationship Between Inflation and the Great Depression?
People tend to be more aware of high inflation and of rising gas prices than they are of the opposite. At some level of inflation, you notice it whether or not it's making the headlines. I think a hyper inflation is just, i mean, that's such an extreme event and such a devastating event, that i think that's going to be, by far, the most it's lasted a long time.
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