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Economist on rising inflation: “Actually, we can’t do anything about this economic disruption”

“We spend a lot more money fighting inflation than promoting competition. While the cost of forming a monopoly is much higher.” © Bart Dewaele

Economist Jan Eeckhout has been studying corporate profits, wages, market power and competition for years. Topics that dominate current affairs, now that inflation is putting the economic balance of power on edge. “We must clearly bear in mind that we are now dealing with temporary disruptions,” it said.

Ruben Mooijman

Today at 16:58—

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