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Last Checked May 21, 2020

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Wed May 13 12:20:53 +0000 2020

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Matthew Yglesias @mattyglesias

This is a specific case of a more general problem whereby inflation adjustment is more full of conceptual ambiguities than people would like to think. It would be better for central banks to target nominal spending (or income or maybe wages) which is much better measured. — PolitiTweet.org

Eric Levitz @EricLevitz

Important context on yesterday's inflation number from @jbarro: Airfare and hotel rooms have gotten cheap, but the… https://t.co/996Q0oOPad

Posted May 13, 2020 Hibernated