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