I had the distinct pleasure of being interviewed by Simon Brown as we expanded on last week’s article ‘Inflation Consternation’ (for a link see What to we Know section below).
Simon and I unpacked long term inflation trends, the difference between CPI and PCE measures in the US as well as why I believe the recent bump up in inflation may well be transient. We also discussed how a Wage/Price spiral works and how structural inflation becomes ‘baked into the system’.
Check out the article and podcast.