Economics Needs New Terminology For Today’s Inflation: ‘Greedflation’
Lydia DePillis in an op-ed at the New York Times explains, Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply? There are few good things about living through a period with the highest inflation in four decades, but here’s one: It’s a chance to re-examine what happens in an economy that’s gone haywire. Since … Read more