Check out #3! Durables had a larger inflation contribution in the U.S. than in any other country in the OECD. “This strength in U.S. durable goods demand during the pandemic & recovery is unusual (hmmm)…Throughout most countries in the sample, consumers behaved as we would expect, cutting their spending on durable goods.” Hmmm. https://lnkd.in/gCg5vWut Inflation can...

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