James Galbraith — The Quasi-Inflation of 2021-2022—A Case of Bad Analysis and Worse Response

Pandemic stimulus not the cause. Fed runs its accustomed playbook to screw labor and reward capital based on junk economics.

Naked Capitalism
James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
James K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin