Postpandemic

Post-pandemic fiscal spending is largely responsible for US inflation

Post-pandemic fiscal spending is largely responsible for US inflation

The writer is a professor at Columbia Business School, author of “The Wall and the Bridge” and served as Chairman of the Council of Economic Advisers under President George W Bush US inflation has been extremely high since the economy emerged from Covid-19 (although annual consumer price growth slowed to 7.7% in October). Much of …

Post-pandemic fiscal spending is largely responsible for US inflation Read More »