Temporary shortages are pushing prices for scarce goods and services higher, exactly what you'd expect after the economy has been locked dow
Stiglitz: "Rather than panicking about inflation, we should be worrying about what will happen to aggregate demand when the funds provided by fiscal relief packages dry up. Many of those at the bottom of the income and wealth distribution have accumulated large debts—including, in some cases, more than a year’s worth of rent arrears, owing to temporary protections against eviction."










