”Our conclusion is clear: the world was sold a bill of goods about lockdowns. Covid lockdowns represent the biggest policy mistake in modern times.”

BIS Working Papers No 1099

Monetary and Economic Department

Forthcoming, Review of Financial Studies

In this week's inflation roundup, #Zimbabwe is in 2nd place. On Mar 23, I accurately measured Zim's inflation at 473%/yr, almost 2x ZimStat's official inflation rate of 243.8%/yr. Phony measurements from Taguma Mahonde & ZimStat.

Working Paper

BIS Working Papers No 1065

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