Inflation is near a forty-year high, and unemployment is near a fifty-year low. For months, experts have debated why inflation is high and what to do about it. These questions are the topic of my opinion piece for The Economist. In a nutshell, the causes of high inflation are complex. While the fiscal policy is only one of many contributing factors, I discuss how tying relief to economic conditions, not political motives, would help us do better in the next crisis.
What's up with inflation? And how can we do…
Inflation is near a forty-year high, and unemployment is near a fifty-year low. For months, experts have debated why inflation is high and what to do about it. These questions are the topic of my opinion piece for The Economist. In a nutshell, the causes of high inflation are complex. While the fiscal policy is only one of many contributing factors, I discuss how tying relief to economic conditions, not political motives, would help us do better in the next crisis.
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