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Inflationary Expectations

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First published at 23:01 UTC on December 26th, 2023.

#economics
#inflation

The Marginal Non-Hermit

Marginal Non-Hermit

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I think Frank Shostak's article, "Inflationary Expectations Do Not Cause Inflation" gets something a little wrong. My thoughts on the subject.

My blog post: https://marginalnonhermit.com/?p=498

Sources:
Frank Shostak's article: …

I think Frank Shostak's article, "Inflationary Expectations Do Not Cause Inflation" gets something a little wrong. My thoughts on the subject.

My blog post: https://marginalnonhermit.com/?p=498

Sources:
Frank Shostak's article: https://mises.org/wire/inflationary-expectations-do-not-cause-inflation
Relevant section of Human Action: https://mises.org/library/human-action-0/html/pp/782
GDP numbers: https://www.bea.gov/sites/default/files/2023-12/gdp3q23_3rd.pdf
Money Supply numbers: https://www.federalreserve.gov/releases/h6/20231226/

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