Inflation: The Devil We Thought We Knew
Remember when, not so long ago, central banks said they wished we had an inflation problem? “We know how to deal with it,” they used to say.
Yes, well…
I have published in The International Banker an article that discusses the current high inflation crisis: how past policies got us here, how hard it will be to get inflation back under control, and, most importantly, the lessons that I think policymakers should draw from the current predicament and how they should inform economic policymaking going forward.
I have reposted it with permission from the magazine. Please CLICK HERE to read the article.