Pitfalls of the inflation narrative
Few topics create as much debate at the moment in the world of economics as the question if we are going to see rising inflation or not. As you know, I don’t buy the argument that rising bank balance sheets and simple monetary and fiscal expansion are going to create runaway inflation.
But I still expect inflation to rise in the first half of 2021. That …
Keep reading with a 7-day free trial
Subscribe to Klement on Investing to keep reading this post and get 7 days of free access to the full post archives.