For two years, debate has raged over what caused the highest inflation since the 1980s: government stimulus or the pandemic. Now two top economists have an answer: it’s both.
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Former Fed chair, IMF chief economist say it wasn’t pandemic or stimulus; it was the pandemic, then the stimulusFor inflation to fade, the economy has to cool off, which means a weaker labor market.For two years debate has raged over what caused the highest inflation since the 1980s: government stimulus or pandemic-related disruptions.Continue reading your article with
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