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Briefly: –Inflation arrived, and with it increases to the prices of raw materials, freight, electricity and support services, all of which dramatically increased the costs of doing business.
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Most standard methods of estimating the trend or potential rate of growth (the maximum at which an economy can expand without triggering a rise in inflation) arrive at figures of around 7%.
Inflation has arrived in China.
The rest of us would sink gradually toward poverty, except for that Social Security check, which rises with inflation and arrives each month no matter how long we live.
Then there's magical thinking, that is, hoping that inflation never arrives.
One type of inflation has already arrived.
By the time Liberation Day arrived, inflation was running at up to 900%, and Vietnam – a country full of paddy fields – was having to import rice.
The fall in inflation rates has arrived in tandem with a severe acceleration of the financial crisis worldwide.
After running through all the "panaceas" on which policymakers placed their counter-inflationary bets – from incomes policy to monetary targets, shadowing the deutschmark and entering (and exiting) the ERM – they eventually arrived at "inflation targeting".
Second, it won't stop buying until the outlook for employment improves, implying it is prepared to tolerate a sizeable degree of inflation when recovery arrives.
FRANKFURT — For the European Central Bank, dedicated to slaying the dragon of inflation, the moment of truth arrived Thursday.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com