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Opposite Neel Kashkari’s Analysis, ‘Surge Pricing’ Has Nothing to Do with Inflation

Por: Forbes Business January 08, 2023

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“Our models seem ill equipped to handle a fundamentally different source of inflation, specifically, in this case, surge pricing inflation.” That’s what Minneapolis Fed president Neel Kashkari wrote the other day in an attempt to explain what some imagine inflation to be. New York Times Fed watcher Jeanna Smialek referred to Kashkari’s description as “Uber surge pricing.” And so it goes. The expert class continues to mistake higher... + full article



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