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China May Be the Answer to Janet Yellen’s ‘Mystery’

https://www.bloomberg.com/opinion/articles/2021-06-01/china-s-rising-prices-could-solve-the-mystery-of-missing-global-inflation
Treasury Secretary Janet Yellen’s “mystery” may be moving toward resolution.
When she led the Federal Reserve, Yellen puzzled over inflation’s failure to fire despite low unemployment, years of shallow interest rates and several rounds of quantitative easing.…