niels
@nielshaxthausen.bsky.social
Politician - climate activist - retired engineer - fan of public welfare
Why the mainstream understanding of the latest inflation is flawed - and the response cruel and ineffective. Summary of the supply and profit led inflation by Claudia Sahm - with some good links to Isabella Webers works on sellers inflation: open.substack.com/pub/stayatho...
The reckoning with inflation
Many are tying the Democrat losses in the election to high inflation in recent years. There's some truth to that, but it's complicated and it's crucial to take the right lessons.
open.substack.com
November 27, 2024 at 7:31 PM
Why the mainstream understanding of the latest inflation is flawed - and the response cruel and ineffective. Summary of the supply and profit led inflation by Claudia Sahm - with some good links to Isabella Webers works on sellers inflation: open.substack.com/pub/stayatho...
Good summary of supply vs demand side inflation discussion.
100% agree with Peter Orszag that the pandemic, not the American Rescue Plan, was the root cause of the inflation, though fiscal certainly contributed. (I put the fiscal weight somewhat higher than this piece.) www.washingtonpost.com/opinions/202...
Opinion | The real story of inflation
Covid-era stimulus didn’t cause higher prices. It was the pandemic itself.
www.washingtonpost.com
November 27, 2024 at 7:22 PM
Good summary of supply vs demand side inflation discussion.