Arbeitspapier

Inflation: Everywhere and Always Differential

In November 2021, I wrote a post called ‘The Truth About Inflation’. At the time, inflation fears were heating up. And as usual, mainstream economists were missing the bus. Sure, economists pointed to the consumer price index and said, “Look, it’s going up!” But they didn’t look under the hood of this index to see the big picture. Despite what economists proclaim, inflation is not a uniform increase in prices. It is an instability in the whole price system. It’s now been a year since that post was published, so I thought I’d update the analysis. While much has changed in the global political landscape, the underlying picture of inflation remains the same: it is everywhere and always differential.

Sprache
Englisch

Klassifikation
Wirtschaft
Price Level; Inflation; Deflation
Thema
capital as power
income distribution
inflation

Ereignis
Geistige Schöpfung
(wer)
Fix, Blair
Ereignis
Veröffentlichung
(wer)
Economics from the Top Down
(wo)
Toronto
(wann)
2022

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fix, Blair
  • Economics from the Top Down

Entstanden

  • 2022

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