When prices rise faster, we miss the point if we simply say that inflation is higher. Reading @BIS_org between the lines it would be better to say that as rate of price increases increases, "inflation happens", or we enter an inflationary state.
adamtooze.substack.com/p/chartbook-13… https://t.co/RIkPBOzLRi
RT @NewLeftEViews: Very good thread on China's current account surplus, to be read side-by-side with the latest Chartbook: https://t.co/ux…
August 12, 2022
RT @NewLeftEViews: Very good thread on China's current account surplus, to be read side-by-side with the latest Chartbook: https://t.co/ux…