Taming Inflation

Interesting recent article from the IsDB Blog. An Excerpt below:

"Inflation is a major problem for modern economies. Over the years, the problem shifted from one extreme to the other: from “the great inflation” in the 1960s and 1970s, to “the death of inflation”  and “inflation myth” in the 1990s and 2000s, to the “deflation monster” in 2010s,  and most recently, to “the biggest inflation surge in more than 30 years”. Despite the remarkable advances in monetary theory and policy, we are still unable to control inflation.

Many studies of inflation tend to miss the forest for the trees. They mostly focus on technical details and lose sight of the big picture. Here, we want to look at the big picture."

'Inflation Shark' |  Image Credit - HedgeEye