Subscriber • Opinion

We really don't want to have to deal with runaway inflation

Simon Cowan
By Simon Cowan
November 19 2021 - 6:25pm
Those who were credited - rightly or wrongly - with slaying the inflation dragon loom large in political history. Picture: Shutterstock

Last week it was revealed that the US Consumer Price Index had risen by more than 6 per cent in the 12 months to October. In fact, it was reported prices rose by almost 1 per cent just in October. Core inflation, which excludes more volatile items, was above 4.5 per cent.

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Simon Cowan

Simon Cowan

Canberra Times columnist

Simon Cowan is research director at the Centre for Independent Studies and a regular columnist for The Canberra Times.

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