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RIETI - Inflation in the aftermath of wars and pandemics

Inflation in the aftermath of wars and pandemics
For Kevin DALY s full bio,
For Rositsa D. CHANKOVA s full bio,
The economic consequences of Covid-19 are often compared to a war, prompting fears of rising inflation and high bond yields. However, historically, pandemics and wars have had diverging effects. This column uses data extending to the 1300s to compare inflation and government bond yield behaviour in the aftermath of the world’s 12 largest wars and pandemics. It shows that both inflation and bond yields typically rise in wartime but remain relatively stable during pandemics. Although every such event is unique, history suggests high inflation and bond yields are not a natural consequence of pandemics. ....

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Florida Vaccine Updates: State Launches Preregistration Program, People Seen Without Masks in Local Cities

Miami-Dade County Begins Scheduling Appointments for Vaccinated Seniors to Receive Second Shots
Miami-Dade Mayor Daniella Levine Cava delivered an update on the county s vaccination program Saturday, noting that officials have begun scheduling appointments for seniors to get their booster shot.
Everyone who received a vaccine from a Miami-Dade County site will be contacted to scheduled their second dose directly by email or text, the mayor said in a press release.
We are working hard to get shots in arms as fast as possible, including reaching out directly to everyone who received their first vaccine from the county to get their second shot and complete the vaccination process. ....

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UP Cafe Fined for Not Following COVID-19 Restrictions

A café in the U.P., Cafe Rosetta, is being fined for continuing indoor dining. The Houghton County café has been found in contempt of court and is being fined $2,500 for not complying with coronavirus restrictions. But the judge suspended the fine until Wednesday, giving their attorney time to file legal arguments against it. Co-owner Amy Heikkinen says she can’t. ....

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7 Quit After Tom Cruise Again Criticizes Crew for Not Following COVID Protocols

7 Quit After Tom Cruise Again Criticizes Crew for Not Following COVID Protocols
Tobias Carroll, provided by
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Filming movies and television shows during a pandemic is no easy task, and it’s one that involves plenty of protocols and precautions. The larger the scale of a project, the more complex it becomes which is why a number of television shows had initially-approved new seasons retroactively canceled earlier this year.
Trying to shoot an action blockbuster in the midst of a pandemic can’t be easy. It’s one of the reasons why Tom Cruise ended up in the news earlier this week, as he chewed out ....

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5 of 'Mission: Impossible' Crew Quit after being Miffed by Tom Cruise's 'Scolding' for Flouting Covid Norms

»5 of Mission: Impossible Crew Quit after being Miffed by Tom Cruise s Scolding for Flouting Covid Norms
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5 of Mission: Impossible Crew Quit after being Miffed by Tom Cruise s Scolding for Flouting Covid Norms
Tom Cruise in breathing mask
It was reported that the 58-year-old actor had been furious with the crew and had given them a dressing down for not following the pandemic protocols while on the sets at Warner Bros Studios in UK.
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As many as five crew members on the sets of Mission: Impossible have reportedly quit following actor Tom Cruise s rant against them for not following Covid-19 protocols. ....

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