AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is Inflation a Self Fulfilling Prophecy?
Are all these individual stories with their own ances and particulars, or is this all part of one bigger story? So it's a great question. And this is again where we run into this problem of it being hard to tell apart these different theories of what's happening. Most economists look at that and they say, we've got to wait for t of all this to pass by, and then inflation is going to settle back down. But the fear with inflation is that it can become a self-fulfilling prophecy.