Inflation and Economic Theory? What’s the Deal?
According to traditional economic theory, inflation should be increasing right now, at a growing pace. What are the economic drivers and what is the outlook?
How would high inflation affect Oklahoma businesses?
Well, this may seem a strange day to write about inflation – I just read this morning that fixed-rate mortgage rates have dropped this week to the lowest level this year, with a 15-year available at 3.75%. However, it doesn’t do much good to dwell on the past or present – we should always be considering other scenarios in the future to stay ahead of the competition.
