Creative Destruction

Creative Destruction

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Creative Destruction
Creative Destruction
Innovation will Solve the Inflation Problem. It Always Does

Innovation will Solve the Inflation Problem. It Always Does

Entrepreneurs solve the Coordination Problem quickly and efficiently

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Carter Williams
Jun 11, 2022
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Creative Destruction
Creative Destruction
Innovation will Solve the Inflation Problem. It Always Does
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Larry Summers was right.

It was May 2021 when the former Secretary of the Treasury said: “I think policy is rather overdoing it. The sense of serenity and complacency being projected by the economic policymakers, that this is all something that can easily be managed, is misplaced."

His prediction? Runaway inflation. Look at where we are today.

The peculiar…

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