NewsBite

Opinion

Sam Wylie

Inflation may soon be tamed, but deflation has never really gone away

Central banks were right to hesitate on lifting interest rates when the world may once again rely on debt to drive growth.

Sam WylieContributor
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Everyone knows inflation is the elephant in the room of the global economy. But, actually, there are two inflation elephants in that room, and not everyone can see both.

Despite the current surge in inflation, long-term deflation could be back on the agenda. James Alcock

Loading...
Sam Wylie is a principal fellow of the Melbourne Business School
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Economy

Fetching latest articles

Most Viewed In Policy

    The Australian Financial Review Magazine

    BOSS Financial Review

    SPC CEO Robert Iervasi

    Life & Leisure

    Rich List

    Nick Andrianakos, pictured in Greece’s Nafplio, where he had been building a hotel.

    Original URL: https://www.afr.com/policy/economy/inflation-may-soon-be-tamed-but-deflation-has-never-really-gone-away-20220705-p5azal