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Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No

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Tags Central BanksThe FedInflationMoney Supply

04/15/2022Frank Shostak
Narrator: 
Michael Stack

Paul Krugman recently wrote that the reason we see high inflation is that people mistakenly believe inflation is in our future and act accordingly. This reasoning is false.

Original Article: "Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No"

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Contact Frank Shostak

Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.

Original Article: 
Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No