The “Transitory Inflation” Debate Misses the Point.

This is a Premium Pieces of Notes on the Crises In my last piece [https://www.crisesnotes.com/prices-prices-prices-almost-everything-you-wanted-to-know-but-were-too-annoyed-to-ask/] I focused on laying out how I view the “inflation” conversation that has been going on in 2022 (on the abstract level). There I briefly
This is a premium piece of Notes on the Crises I haven’t covered what’s been going on in pricing and the “inflation” conversation. At this point there is a lot to talk about, to say the least. In fact, part of what
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Subscribe [https://www.crisesnotes.com/#/portal/signup]I don’t spend a lot of time writing about Modern Monetary Theory on Notes on the Crises. Regular readers will know that insights from MMT inform all my writing on this newsletter on various different topics.
As you may have seen in other venues, from social media to reporting, this title frequently trips people up. Almost invariably people say “crisis” instead of “crises”. In fact, when I created this newsletter I knew this title would be misread.
Something I have periodically kept my eye on over the course of the pandemic has been the results of the New York Federal Reserve’s Housing Survey. [https://www.newyorkfed.org/microeconomics/sce/housing#/] Amazingly, they just happened to add some questions about evictions
Subscribe [https://www.crisesnotes.com/#/portal] On this month’s episode Nathan talked to Adam Tooze, history professor at Columbia University, about his new book Shutdown: How Covid Shook the World's Economy. Nathan and Adam wound the clock back to January 2020
Miss the first Notes on the Crises podcast? Find the audio here and the show notes here.