Expert: Price rise is good

In the impression of the people in almost all countries and regions around the world, the word "inflation" is quite negative, which not only means that things are getting more and more expensive, but also means that there are problems with the economy. Especially for low -income people, the pain caused by inflation to them is very severe.

But a top economist from a well -known American institution and also worked in the US government has recently thrown a remark that surprised countless Americans.

He said people should be happy with the current inflation of the United States.

The top American economist named Brad Delong, who is not only a professor of economics at the well -known University of California Berkeley, but also served as the former Ministry of Finance of the former US President Clinton.

However, it is very different from other American economists' concerns about inflation. In an interview with the US "Fortune" website recently, Delong claimed that people should be happy with inflation.

Judging from the full text of the "Fortune" report, the reason why Delong believes that inflation is a "good thing" to the United States. There are two main factors. First of all, he declared that the United States continues to inflation at present because the new crown epidemic has accelerated the speed of the United States' transformation to the "new economy". Workers in traditional retail and service industries are becoming less and less, and the rapid expansion of the "new economy" industry such as the express delivery industry and the Internet entertainment industry will grow more and more. Then, in order to attract talents, these "new economy" industries will inevitably increase their wages, which naturally means inflation.

Secondly, Delong, who believes that the "self -regulation" ability of the market, believes that inflation and high prices will cause many supply chains to lead to rising prices and dispel the willingness of people to buy, thereby further optimizing the supply chain.

He also said that there is a proverb in the economics community: high prices are the best medicine to deal with high price problems.

But embarrassing is that the vast majority of American netizens not only did not recognize Delon's theory, but also scolded him on the hot search of the American social network.

Among them, in the figure below, the American netizen who received more than 1,000 likes also scolded "Fortune", saying that such an article can be published, indicating that the editorial department of the media lives in the ivory tower, thinking that it is time to be a proper The poor seemed "very interesting".

Some people say: What I know is that I have no money, and things are becoming more and more expensive, so how can this be a good thing?

Some people also used an emoticon to irony the "fans" and "beautification" of economists, including Delong, including Delong:

However, although the "Fortune" magazine was scolded by many American netizens for publishing Delong, this American media actually supplemented a lot of voices with Delon's view in the second half of the report. The article pointed out that most economists are still not optimistic about the prospects of the United States and the global economic inflation. They are worried that with the rise in international energy prices, people's expectations for the economy are getting worse and worse, inflation will greatly extend, and even lead the economy to fall into decline.

Even Delon himself did not rule out that the inflation in the United States would still deteriorate -even the possibility of stagflation.

It is worth noting that "Fortune" also specifically mentioned that Delong is still optimistic about inflation, which may stem from the economic environment of the United States and the West before the outbreak of Russia and Ukraine. At that time, due to the low unemployment rate in the United States, some economists, including Delong, once believed that the inflation that the United States appeared in the post -epidemic era was only temporary and an active signal of economic recovery. At that time, Delong also compared the American inflation to the tire marks on the asphalt road when the American inflation was accelerated.

But now Delong also has to admit that due to the sharp rise in energy and food prices due to the Russian -Ukraine conflict, the economic prospects suddenly become complicated. This may also be another reason why he still chose to say "inflation is a good thing" to the media -want to beautify the inflation to give people some confidence?

But as the "Fortune" magazine said, what really makes people have good expectations for inflation and economic prospects, or the energy price that people see when cheering and heating. Not the mouth of experts.

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