Inflation: Everywhere and Always Differential
Fix, Blair.
(2022).
Economics From the Top Down. 15 December. pp. 1-17.
(Article - Magazine; English).
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https://economicsfromthetopdown.com/2022/12/15/inflation-everywhere-and-always-differential/, https://www.econstor.eu/handle/10419/270942
Abstract or Brief Description
In November 2021, I wrote a post called ‘The Truth About Inflation’. At the time, inflation fears were heating up. And as usual, mainstream economists were missing the bus.
Sure, economists pointed to the consumer price index and said, “Look, it’s going up!” But they didn’t look under the hood of this index to see the big picture. Despite what economists proclaim, inflation is not a uniform increase in prices. It is an instability in the whole price system.
It’s now been a year since that post was published, so I thought I’d update the analysis. While much has changed in the global political landscape, the underlying picture of inflation remains the same: it is everywhere and always differential.
Language
EnglishPublication Type
Article - MagazineCommentary on
The Truth About InflationFix, Blair. (2021). Economics from the Top Down. 24 November. (Article - Magazine; English).
Keywords
capital as power income distribution inflationSubject
BN PowerBN Region - North America
BN Agency
BN Value & Price
BN Business Enterprise
BN Capital & Accumulation
BN Crisis
BN Distribution
Depositing User
Jonathan NitzanDate Deposited
15 Dec 2022 21:00Last Modified
22 May 2023 12:55URL:
https://bnarchives.yorku.ca/id/eprint/753Commentary/Response Threads
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Fix, Blair
The Truth About Inflation. (deposited 28 Nov 2021 19:01)
- Fix, Blair Inflation: Everywhere and Always Differential. (deposited 15 Dec 2022 21:00) [Currently Displayed]
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