Nonlinear global shocks create persistent inflation
The guest argued that large, global nonlinear shocks - like supply chain disruptions or the closure of the Strait of Hormuz - generate more persistent core inflation than typical shocks.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.
The story so far
CONTESTED · 13 MENTIONS · 6 EPISODES · 5 SHOWS
22 JUL 2026 — 11 AUG 2026 · YESTERDAY
10 SUPPORT · 1 CHALLENGE · 2 REPEAT
- ANIMAL SPIRITS
- EXCESS RETURNS
- TOP TRADERS UNPLUGGED · 6 MENTIONS
- Recessions impair rather than enhance creative destruction
- Economic expansions do not die of old age
- Economy follows the pluck model, not oscillation
- Financial crises do not slow US/UK recoveries
- Energy supply shocks remain primary recession drivers
- China rare earth export limits threaten macroeconomic shock · CHALLENGES
- EXCESS RETURNS · 3 MENTIONS
- MACRO MUSINGS WITH DAVID BECKWORTH
- Nonlinear global shocks create persistent inflation · THIS IDEA
- PROF G MARKETS
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD