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Is everyone pretending to understand inflation (or just me)?
Mark Blyth
I would say, did you really evade bad inflation? Was the raise from 0.5% that instrumental in causing the fall in inflation? Or was it kind of like performing a circus trick at the side of the circle while the real action is going on elsewhere? In other words, it was supply shocks. They come along. They dissipate. You're fine. Were the central banks really in control of this?
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