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Barry Ritholtz Asks “Why Has Inflation Remained Low for So Long?” Mish Asks “Is Inflation Low?”

Wednesday, November 2, 2016 17:22
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mishtalk.com / Mike “Mish” Shedlock / November 2, 2016

Barry Ritholtz at the Big Picture Blog asks “Why Has Inflation Remained Low for So Long?”

Ritholtz’s article is a guest post by author Robert G. King titled “Inflation in the Great Recession and Gradual Recovery: Surprises and Puzzles“.

Neither Ritholtz nor King ever answers the question. Instead, King presents mathematical gibberish regarding the Phillips curve coupled with visions of inflation dynamics, a new Keynesian model, and a long-term expectations model.

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The post Barry Ritholtz Asks “Why Has Inflation Remained Low for So Long?” Mish Asks “Is Inflation Low?” appeared first on Silver For The People.

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