Covid-2019 - 2022-04-14
Date:
Friday, April 15, 2022
Summary:
In "Recommended Reading," a brilliant commentary from our old friend Reuven Brenner: "Inflation and the Fog of War." Like us, he compares the Covid crisis to wartime, and elucidates the extreme difficulties of measuring price changes and consumption patterns in such eras (which means that the Fed is flying blind).