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The Rise of Sellers Inflation in China
The idea of sellers inflation has really gathered steam in recent weeks. We've seen price controls in Europe, we've seen on the subject of sellers inflation and maybe windfall taxes. And I feel like it's related, but also kind of slightly separate in that the price control debate is really about emergency measures that you can take. The first step that we need to move towards a different kind of economic stabilization paradigm is understanding how inflation came about.