Commodity price numbers should NOT be conflated with broader inflation. According to @BIS_org 30% increase in oil prices, combined with a 10%
rise in agricultural prices has historically been associated with a 1 % increase in
inflation in following year!
bis.org/publ/arpdf/ar2… https://t.co/4McBGsZygq
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,…