For the last week, markets are undergoing something that surpasses that of a "correction." Inflation. Is. The. Talk. Of. The. Town. While prices on goods are going up and supply bottlenecks are being formed, the market is having a severe allergic reaction to the inflation media hype. This inflation hysteria was predictable, and it's created a bubble for a new school of economic thought, modern monetary theory (MMT).
Inflation: From Mary Barra to MMT
Inflation: From Mary Barra to MMT
Inflation: From Mary Barra to MMT
For the last week, markets are undergoing something that surpasses that of a "correction." Inflation. Is. The. Talk. Of. The. Town. While prices on goods are going up and supply bottlenecks are being formed, the market is having a severe allergic reaction to the inflation media hype. This inflation hysteria was predictable, and it's created a bubble for a new school of economic thought, modern monetary theory (MMT).