The People versus Inflation

The People versus Inflation

July 27, 2026 · 16 min · Episode 348

About this episode

The episode discusses the complexities surrounding inflation through a courtroom analogy.

No one liked the defendant. That much was clear. But when the jury retired to consider their verdict, they hardly knew where to start. The case was so confusing and the judge’s instructions hardly seemed adequate. “Perhaps”, suggested the foreman, “we should start with a list of questions…”

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