Brookings
What caused the U.S. pandemic-era inflation?
Ben Bernanke, Distinguished Senior Fellow at the Hutchins Center at Brookings, and Olivier Blanchard, Senior Fellow at the Peterson Institute for International Economics, answer a timely question:...
Brookings
COVID-19 inflation was a supply shock
The vast majority of the COVID-19 inflation surge was driven by supply-linked factors, Robin Brooks, Peter R. Orszag, and William E. Murdock III explain.
https://www.bls.gov/opub/mlr/2023/beyond-bls/what-caused-the-high-inflation-during-the-covid-19-period.htm
theories and analysis differ
didn't realize the order needed specificity... economists and analysts, at least the one's I follow all sounded the alarm bells over inflation as soon as the first stimulus package was announced.
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Crnr2Crnr ·
