More War Means More Inflation

Advanced economies and emerging markets are increasingly engaged in necessary „wars“ – some real, some metaphorical – that will lead to even larger fiscal deficits, more debt monetization, and higher inflation on a persistent basis. The future will be stagflationary, and the only question is how bad it will be.

https://www.project-syndicate.org/commentary/high-inflation-long-term-problem-owing-to-real-and-metaphorical-wars-by-nouriel-roubini-2022-12?utm_source=Project%20Syndicate%20Newsletter&utm_campaign=9e11bb244b-sunday_newsletter_01_01_2023&utm_medium=email&utm_term=0_73bad5b7d8-9e11bb244b-106440339&mc_cid=9e11bb244b&mc_eid=4ddf8a88ec&barrier=accesspaylog