Alarming Complacency Over the Return of Inflation | RealClearPolitics

Alarming Complacency Over the Return of Inflation

Alarming Complacency Over the Return of Inflation
(AP Photo/Richard Drew)

Though they have received most of the attention, supply bottlenecks are hardly the only factor to consider when assessing the recent surge of inflation. Far more important are broader structural changes in the economy and the alarmingly complacent attitude of central banks.

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