Behavioral New World January 1, 2022 Behavioral economics and inflation The economy is about to offer us a somewhat nasty start to the new year: inflation like we haven’t seen in a decade, or maybe even 30 years. I thought it might be helpful to offer a quick overview of the topic, including a few thoughts on its psychological aspects.
I suspect inflation is here to stay for awhile...Seems everywhere you look SUPPLIES are constricted and DEMAND in terms of the number of dollars chasing those supplies is increasing. That is a textbook recipe for higher prices.
I suspect inflation is here to stay for awhile...Seems everywhere you look SUPPLIES are constricted and DEMAND in terms of the number of dollars chasing those supplies is increasing. That is a textbook recipe for higher prices.