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What has been driving inflation? Economists' thinking may have changed : Planet Money

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npr.org/2023/05/11/1175487806/corporate-profit-price-spiral-wage-debate

What has been driving inflation? Economists' thinking may have changed
Economists say that inflation is just too much money chasing too few goods.
But something else can make inflation stick around.
If you think of the 1970s, the last time the U.S. had really high sustained inflation, a big concern was rising wages. Prices for goods and services were high. Workers expected…

This story from npr.org was posted on 2023-05-13 by @daydreamr.

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