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There is still a lot of chatter about the pandemic leading to stagflation.
In this episode, I argue that apart from a short-term and perhaps temporary rise in the price level, we aren't likely to see any sort of lasting "flation"... and if you are loaded up with debt, that might not be a good outcome.
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There is still a lot of chatter about the pandemic leading to stagflation.
In this episode, I argue that apart from a short-term and perhaps temporary rise in the price level, we aren't likely to see any sort of lasting "flation"... and if you are loaded up with debt, that might not be a good outcome.