Government restrictions on production are driving prices up as unemployment drives them down. It’s impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis’s next phase.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Original Article: “We Don’t Know If the COVID-19 Shock Will Be Inflationary or Deflationary“
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