A great thread from @R2Rsquared : yes, there were accidents, but no, Central Banks are not innocent. You need to be ready for when bad stuff happens.
RT @R2Rsquared: ** The burst of high inflation in 2021-22: How and Why?
I just released a paper based on several talks I’ve given over many months (starting with Markus Academy @markuseconomist and ending with @BIS_org) on why monetary policy did not stop inflation rising in 2021-22 …