📕 subnode [[@ryan/20210218215225 deflation_inflation_or_stagflation_michael_roberts]] in 📚 node [[20210218215225-deflation_inflation_or_stagflation_michael_roberts]]
📓 garden/ryan/literature/20210218215225-deflation_inflation_or_stagflation_michael_roberts.org by @ryan

Notes

  • With the possibility of the COVID-19 pandemic coming to a close, there's a concern among first world economists of "overheating" the economy

  • There are also concerns of increasing inflation, matched with so-called "pent-up demand"

  • Roberts believes that talks of inflation are overblown, that the real question is whether or not "full-employment" will be able to return in the short-term

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