- Jimmy Jean • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon
Weekly Commentary
The Pandemic Has Dashed Deflation Concerns
May 28, 2021
MUSINGS OF THE WEEK :
- Perceptions on the balance inflation-related risks have taken a 180-degree turn and few worry about a Japanese-style deflation scenario.
- Nevertheless, the experience of Japan remains relevant because it reminds us of the dangers of excess.
- Such a scenario can be avoided in North America with government policies that successfully boost aggregate supply.