A column by Boreal

Should I Stay or Should I Go?


Pixabay CC0 Public Domain. Should I Stay or Should I Go?
  1. It is supply-side constraints that have been responsible for the recent surge in inflation, not fiscal and monetary largesse
  2. The main risk for the economy is not falling into a 70s-style stagflation trap, but rather that the dose of stimulus has had to be so disproportionate that reducing it can cause “withdrawal symptoms”
  3. We can see a reversal to the historical trend, given that the pandemic has provided a boost to earnings; or it may continue as long as the corporate world still profits from the digitization push