Ep. 87: Confusing Price Effects and Quantity Effects

In this too-late-in-the-week episode of Cents and Sensibility, the Inflation Guy takes on supply and demand curves, market clearing prices and quantities, and says you're doing it all wrong.

It's more nuanced than that, but they charge us by the word for these summaries.

NOTES

Blog Callback: “Shortages are Unmeasured Inflation” https://inflationguy.blog/2021/10/24/shortages-are-unmeasured-inflation/  

Blog Callback: “Enough With Interest Rates Already” https://inflationguy.blog/2021/10/24/shortages-are-unmeasured-inflation/

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