The COVID-19 lockdown created supply shortages everywhere, and reopening economies has unleashed pent-up demand for goods and services. The result has been inflation, the ultimate trajectory of which is unknown but subject to much debate. Financial journalist Larry Light scopes out the possible paths inflation could take in the United States, in an economy long removed from the late 1970s’ double-digit price scourge. His spot-on reporting will interest executives, investors and householders.
About the Author
Larry Light is market editor for Chief Investment Officer magazine.