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We Need to Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years We Need to Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years by Stephen D. King
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“The slow pace at which the costs of inflation tend to emerge is one reason why, all too often, it is allowed to fester. Stopping inflation in its tracks is immediately costly – in the form of higher interest rates and, possibly, recession. Allowing inflation to persist, however, is likely to lead to even higher costs longer term. Inflation ultimately undermines the fabric of society.”
Stephen D. King, We Need to Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years