There is inflation and there is runaway inflation.
Highly unusual inversion of the break-even curve tells us that markets expect a surge in inflation over next couple of years followed by return to lowflation.
@PaulJDavies
wsj.com/articles/rare-… https://t.co/ciP3YPNgBO
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…