Inflation: supply or demand?

The debate among economists continues on whether the recent hike in inflation rates in the major economies is due to a ‘supply shock’ or ‘pent-up consumer demand’; and related to that, whether the inflation rise will be ‘transient’ or ‘permanent’. Supply or demand?  If prices rise, is it because supply is not rising ‘enough’ or […]

Inflation: supply or demand?

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