Saturday, May 23, 2020

Price Inflation Sign of the Times?

I spotted this in front of a restaurant.

Take out only, of course.

A restaurant where I occasionally pick up a take out burger just raised their price for burgers from $11.00 to $13.00.

We are going to see more of this thanks to the Federal Reserve super aggressively pumping money out of thin air.

But not everyone is concerned. From Tyler Cowen:
[I]t is fine to argue, by the way, as does Matt Yglesias, that you would rather see [inflation] too high than too low.

No comments:

Post a Comment