May 26, 2022 Nouriel Roubini
With “Team Persistent” having clearly prevailed over “Team Transitory” in the debate over the nature of today’s surging inflation, the question now is whether prices can be tamed without also causing a recession. The historical evidence suggests not, leaving central banks to choose between bad and worse options.
https://www.project-syndicate.org/commentary/reducing-inflation-likely-to-cause-recession-by-nouriel-roubini-2022-05?utm_source=Project+Syndicate+Newsletter&utm_campaign=85e7623223-sunday_newsletter_05_29_2022&utm_medium=email&utm_term=0_73bad5b7d8-85e7623223-106440339&mc_cid=85e7623223&mc_eid=4ddf8a88ec
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