📚 node [[20210218215225 deflation_inflation_or_stagflation_michael_roberts]]
📕 text contributed by @ryan

Deflation, inflation, or Stagflation? | Michael Roberts

source : https://thenextrecession.wordpress.com/2021/02/14/deflation-inflation-or-stagflation/

tags : [[economics]] [[COVID-19]]

Notes

  • With the possibility of the COVID-19 pandemic coming to a close, there’s a concern among first world economists of “overheating” the economy
  • There are also concerns of increasing inflation, matched with so-called “pent-up demand”
  • Roberts believes that talks of inflation are overblown, that the real question is whether or not “full-employment” will be able to return in the short-term
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