Inflation: Transitory or Permanent?

Inflation: Transitory or Permanent?
Gas prices nearing $5.00 per gallon are displayed at Chevron and Shell stations on July 12, 2021, in San Francisco. Justin Sullivan/Getty Images
Emel Akan
Updated:

Inflation is still running high, and many still believe that it’s a temporary post-pandemic phenomenon. However, structural changes taking place in the economy suggest that prices may not go back to normal anytime soon.

Some economists and investors have argued that excessive stimulus spending and money creation to fight the pandemic are the real culprits causing inflation. They claim that inflation is a product of policy decisions, rather than a coincidence.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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