Hang on, help is on its way
Cost-push inflation can self-correct. By recognising this and giving producers a little more time, our response to inflation need not be so painful.
Cost-push inflation, a type of inflation caused by higher input prices and supply problems, is a dragon that can slay itself. This self-defeat is a slow process, but indeed it happens.Β Here's how it works and what has occurred so far in this cycle.
When producers raise their prices, this pushes up their top and bottom lines. They get to sell the same amoβ¦