# Deflation, inflation, or Stagflation? | Michael Roberts

source
: https://thenextrecession.wordpress.com/2021/02/14/deflation-inflation-or-stagflation/

tags
: [[economics]] [[COVID-19]]


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## Notes

-   With the possibility of the COVID-19 pandemic coming to a close, there&rsquo;s a concern among first world economists of &ldquo;overheating&rdquo; the economy
-   There are also concerns of increasing inflation, matched with so-called &ldquo;pent-up demand&rdquo;
-   Roberts believes that talks of inflation are overblown, that the real question is whether or not &ldquo;full-employment&rdquo; will be able to return in the short-term