Can someone explain to me why Martin Feldstein is flogging inflation now? He’s got two articles out, one at Time and the other at Project Syndicate, both of which warn of inflation.
Although I don’t dismiss inflation entirely, if I had to list my top ten economic worries, inflation wouldn’t be one of them. I’d list slow growth, slow rate of formation of new businesses, slow job growth, job growth in the wrong sectors, trade imbalance (particularly as a strategy and particularly on the part of China, Japan, and Germany), and the lack of remaining tools for reacting to an economic downturn, just to name a few. But not inflation. So why now?
Has he got a book coming out or something?
Just noticed what you did with the title: subtle!