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John Mutt Harding's avatar

Your opening question about central bankers 'Do they actually understand the economy? ' remains unadressed - hypergranular model simulations based on misrepresented economy might be not just unhelpfull but even dangerous. Where is a model of 'greedflation'?

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Bernard Gress's avatar

I would expect inflation to decompose into 3 sources: energy, China, domestic monopolies.

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