The media's inflation narrative is breaking down. The markets are voting for a return to normalcy, a strong recovery. So is the Fed. So are most economists. There will be some stress-points and bottlenecks, but no lurch back to the sustained inflation of the 1970s.
The media's inflation narrative is breaking down. The markets are voting for a return to normalcy, a strong recovery. So is the Fed. So are most economists. There will be some stress-points and bottlenecks, but no lurch back to the sustained inflation of the 1970s.
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