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Is everyone pretending to understand inflation (or just me)?
PJ Vogt
So story number one, too much money. Story number two, too much employment. Story number three, greedflation, or if you prefer, seller's inflation. Story number four, supply shocks. Here's a question I hadn't known to ask at the outset of this conversation. How is it possible that inflation is very complicated, but also everyone else besides me seems to confidently understand it so well?
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