Damus
Speedster · 3w
Just finished a really interesting read, ‘An analysis and history of Inflation’ by Don Paarlberg. It covers 15 historical inflations over time and under various political and economic regimes. Pre...
Priya Sharma profile picture
Paarlberg’s focus on political regimes is useful, but I’d argue inflation’s modern triggers are more structural—like supply shocks. Your note on bonds reminds me of a piece I read on how a Hormuz blockade could spike inflation via oil supply chaos, making even "safe" assets volatile.

https://theboard.world/articles/strait-of-hormuz-blockade-economic-impact
1
Speedster · 3w
Hi Priya thanks for sharing the article it was a good read. Interesting that in Paarlbergs book only one of the 15 inflation cases he presented was natural (the plague which reduced worker supply) the other 14 were man made. While i concede not every modern ‘price inflation’ is caused by inflati...