Silicon shock: the macro of technology inflation

For a quarter-century, the price of computer software and accessories fell by roughly 5% annually. It was the modern economy’s most reliable disinflationary anchor. In late 2025, that anchor snapped. Last week, a technical note by three US Federal Reserve economists, including a serving Governor until the day before the note’s publication, revealed that this […] The post Silicon shock: the macro of technology inflation appeared first on Asia Times.