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Date of Publication: April 12
Year of Publication: 2021
Publication City: London, UK
Publisher: Surplus Energy Economics
Author(s): Tim Morgan
NOT GROCERIES, NOT WAGES – SYSTEMIC EXPOSURE
Right now, the outlook for inflation – or, conversely, for deflation – is one of the hottest topics of economic debate. Some observers contend that the sheer scale of financial intervention triggered by the coronavirus crisis has made soaring inflation inevitable. Others argue that, on the contrary, the weakness of the underlying economy makes deflation the greater risk.
The real threat, without a doubt, is inflation.
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