Inflation Risk: Pandemics vs. Wars---an 800 year review.
There has been much consideration about entering a new inflationary cycle based on the financial machinations of both governments and central banks since the COVID-19 pandemic began last year. A new study produced by Kevin Daly, Managing Director and Senior Economist within Goldman Sachs’ Global Macro Research department and Rositsa D. Chankova, Analyst, Global Macro Research, Goldman Sachs provide a worthwhile read. Though, quite in-depth, it's always good to get another perspective on the ongoing economic effects of these "once in-a-lifetime" events. This study is reported on voxeu.org and mentioned in the daily DealBook with Andrew Ross Sorkin's from today's New York Times.
The study can be found here; Inflation in the aftermath of wars and pandemics