Matthew Yglesias @mattyglesias
Nominal figures can be measured in a reasonably clear and objective manner whereas the so-called “real” ones are the outputs of a flawed and complex bureaucratic process. One reason why central banks should target nominal income rather than prices. — PolitiTweet.org
Ernie Tedeschi @ernietedeschi
The overwhelming net effect of the COVID recession so far has been disinflationary. That said, things like chargin… https://t.co/XVAUa7Gt2P