Matthew Yglesias

@mattyglesias ↗

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Last Checked March 20, 2021

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Fri Feb 05 16:08:56 +0000 2021

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Matthew Yglesias @mattyglesias

Rarely disagree with @benthompson but I think the idea that increasing returns to scale is unique to "tech" is wrong, and the fact that it applies to chip manufacturing and not just software is a good clue. https://t.co/GQ5yUOx81h https://t.co/ty8QD3PoZj — PolitiTweet.org

Posted Feb. 5, 2021 Hibernated

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Matthew Yglesias @mattyglesias

An annoyingly confusing fact about the world is that CPI is the most commonly cited price index (and the one used in these bond markets), but the Fed target references the PCE deflator which reliably shows a bit less inflation. — PolitiTweet.org

Back in November the market was very worried about inflation. Worried it would be too low. Now with rising stimulu… https://t.co/VU6YMws4W3

Posted Feb. 5, 2021 Hibernated

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Matthew Yglesias @mattyglesias

@whsahhar Software has low marginal costs but so does radio, television, movies, journalism, etc it’s not unique — PolitiTweet.org

Posted Feb. 5, 2021 Hibernated