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.
** 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 🧡 pic.twitter.com/qLkBxb0MFp

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