This article in Vox by Alex Yablon makes some good points on understanding inflation and its history,“The messy true story of the last time we beat inflation“. I agree with Mr. Yablon’s statement: ” inflation moderated when globalization increased imports and labor competition, not because investors had “anchored expectations” about central bank policy”, and ” New logistics infrastructure, trade deals, and methods of inventory management allowed firms to get cheap commodities and components from the other side of the world astonishingly quickly.” Inflation and the changes in our standard of living ( economic growth ) is all about the supply…