Matthew Yglesias

@mattyglesias ↗

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Last Checked June 4, 2020

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Sun May 24 15:06:32 +0000 2020

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Matthew Yglesias @mattyglesias

To me it’s not that an inflationary scenario is inconceivable; it’s that faced with a big negative shock to the supply side of the economy, the inflationary scenario is *less worrisome* than the one in which demand gets so weak that prices don’t rise. — PolitiTweet.org

Posted May 24, 2020 Hibernated

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Matthew Yglesias @mattyglesias

(if you say on twitter that trump did something that worked well, people start accusing you of believing that he’s playing “eleven dimensional chess” so I make no claim about intentionality here — simply that media fact-checking rewards this kind of thing) — PolitiTweet.org

Posted May 24, 2020 Hibernated

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Matthew Yglesias @mattyglesias

An additional complicating factor is that “quality” is hard to meaningfully measure in a pandemic because lots of things have become riskier, less pleasant, or both. But we can keep nominal income and nominal spending growing (i.e. allow inflation), and focus on public health. — PolitiTweet.org

Posted May 24, 2020 Hibernated