Matthew Yglesias

@mattyglesias ↗

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Last Checked Jan. 19, 2023

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Thu Sep 15 12:56:55 +0000 2022

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Matthew Yglesias @mattyglesias

When the NGDP gap was negative we got a lot of creative stories explaining why the real problem was supply and now that the NGDP is positive we get a lot of creative supply-side stories on the other side of the debate. But it’s mostly demand in both cases. https://t.co/NoFQAnAeSu — PolitiTweet.org

Posted Sept. 15, 2022 Hibernated

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Matthew Yglesias @mattyglesias

This is good to see but the fact that inflation persists even as these shipping snarls resolve tends to confirm that the issue all along has been above-trend demand which has now merely migrated to other sectors of the economy. — PolitiTweet.org

The number of container ships waiting to dock has collapsed. (via B of A) https://t.co/YCgzEOmpE3

Posted Sept. 15, 2022 Hibernated

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Matthew Yglesias @mattyglesias

@alon_levy @Ed_Realist I’m not sure I do want solutions, it’s not clear to me that there’s a huge problem. — PolitiTweet.org

Posted Sept. 15, 2022 Hibernated