观点供应链

How value chains survived the great inflation without state help
价值链是如何在大通胀中生存下来的?

One-off supply-demand mismatches during the Covid shock don’t justify widespread government intervention
贝蒂:我们能从大通胀中实现大逃离,主要应该感谢企业。新冠疫情冲击期间的一次性供需错配不能成为政府广泛干预的理由。

It’s always dangerous to declare victory in a war against inflation. But the surge in prices that started after Covid hit in 2020 and got fresh momentum from the 2022 Russian invasion of Ukraine has now very definitely moderated. The production line for postmortems of the great inflation and lessons for next time has been humming along for more than a year.

在对抗通货膨胀的战争中宣布胜利总是危险的。但在2020年新冠疫情爆发后开始、并在2022年俄罗斯入侵乌克兰后获得了新动力的价格飙升,现在已经非常明确地放缓了。人们对大通胀进行事后分析和为下一次总结经验教训已有一年多。

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