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Do “Inflationary Expectations” Cause Inflation? Contra Krugman, the Answer Is No

Summary:
Paul Krugman recently wrote that the reason we see high inflation is that people mistakenly believe inflation is in our future and act accordingly. This reasoning is false. Original Article: "Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No" This Audio Mises Wire is generously sponsored by Christopher Condon. 

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Paul Krugman recently wrote that the reason we see high inflation is that people mistakenly believe inflation is in our future and act accordingly. This reasoning is false.

Original Article: "Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No"

This Audio Mises Wire is generously sponsored by Christopher Condon. 

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