
“Transitory inflation” has become a political football. It may have finally found the end-zone — as the disinflationary trend becomes clear. The career of the term “transitory” is an instructive example of politics overriding the facts.
“Transitory inflation” has become a political football. It may have finally found the end-zone — as the disinflationary trend becomes clear. The career of the term “transitory” is an instructive example of politics overriding the facts.