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Wealthion · Monday, September 14, 2026

Economists criticized for fighting 'last year's wars' on inflation

An argument is made that economists are currently focused on outdated inflation battles, akin to fighting 'last year's wars.' This perspective suggests that current economic strategies may not be addressing the contemporary inflation landscape effectively.

personWinston Churchill

The tape

2 quotes
“As Winston Churchill said, the war department always fights last year's wars, and I think economists are fighting last year's wars.”
Unknown
“I think people, uh, as Winston Churchill said, that the war department always fights last year's wars, and I think economists are fighting last year's wars.”
Unknown
Heard on Wealthion — “Inflation Is Still a Problem. Is the Fed Fighting the Wrong War?”, published Monday, September 14, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.00
Economists criticized for fighting 'last year's wars' on inflation — Heardvine