Matthew Yglesias

@mattyglesias ↗

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Last Checked Sept. 28, 2022

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Mon Dec 27 03:03:44 +0000 2021

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Matthew Yglesias @mattyglesias

But the more typical way to talk about it is that inflation is fixed (by the Fed) so competition policy changes interest rates (and therefore investment and long-term growth). — PolitiTweet.org

Posted Dec. 27, 2021 Deleted after a month Hibernated

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Matthew Yglesias @mattyglesias

It’s plausible to think of competition policy as driving inflation if you assume interest rates are fixed for some reason — in Eggertson (2012) rates are fixed at zero by the lower bound so reducing competition increases inflation which lowers real interest rates. — PolitiTweet.org

Posted Dec. 27, 2021 Deleted after a month Hibernated

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Matthew Yglesias @mattyglesias

I think just as a point about politics, the very negative public reaction to an inflationary episode is a reminder that trying to move antitrust policy away from a focus on low consumer prices is likely to fail — people like low prices. — PolitiTweet.org

Posted Dec. 27, 2021 Deleted after a month Hibernated