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Author: withoutmalice.bsky.social (did:plc:6jnxz4ii2gcv7ra2k4k33swt)

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text:
"Why does the media never report this?
Oil price & demand shocks were the main drivers of movements in inflation around every global recession since 1970 (1975, 1982, 1991, 2009, & 2020).  Oil price & demand shocks led the surge in global inflation between 2020 & 2022"
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title:
"What Explains Global Inflation"
description:
"This paper examines the drivers of fluctuations in global inflation, defined as a common factor across monthly headline consumer price index (CPI) inflation in G7 countries, over the past half-century..."
langs:
  • "en"
createdAt:
"2024-09-11T21:57:08.841Z"