The Inflation Puzzle: Why Has it Move So Little for 25 Years? [feedly]

Essence of the puzzle, via Sherlock Holmes:

Inspector Gregory asks Holmes, "Is there any point to which you would wish to draw my attention?"

"To the curious incident of the dog in the night-time."
"The dog did nothing in the night-time."
"That was the curious incident," remarked Sherlock Holmes.

The Inflation Puzzle: Why Has it Move So Little for 25 Years?
http://conversableeconomist.blogspot.com/2020/01/the-inflation-puzzle-why-has-it-move-so.html

 -- via my feedly newsfeed