​Economic Notes

Inflation Thesis: Inflation is not a single event but a slow renegotiation of what money is actually worth, and the institutions meant to manage it face a genuine trade-off between short-term relief and long-term stability. I still remember roughly what my allowance could buy a few years ago — and it was more than what the same amount buys now. Nothing about the bill itself changed; the number printed on it is identical. What changed is what that number is worth, and for a

Demand and Supply Thesis: Prices rarely move because of one dramatic event — they move because supply and demand are constantly renegotiating a balance that most consumers never see happening. My family orders delivery food often enough that I started keeping a rough mental note of the delivery fee. It crept up almost every few months, a little at a time, with no headline explaining why. Around the same time, I noticed a different pattern: even after a news report said a ha

Scarcity and Opportunity Cost Thesis: Scarcity does not describe how little of something exists — it decides who gets to have it, and price is simply the mechanism markets use to ration that access. A few months ago, a friend of mine tried to buy tickets to a concert the moment they went on sale. By the time the page finished loading, every ticket was gone — and within minutes, the same tickets reappeared on a resale site for nearly triple the price. Nothing about the seats