Matthew Yglesias

@mattyglesias ↗

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Last Checked Feb. 15, 2023

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Tue Oct 11 16:28:27 +0000 2022

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Matthew Yglesias @mattyglesias

I think it would make more sense to say that excessive nominal demand is painful, mostly generating higher prices rather than real output, and slower demand growth at the margin will make things better rather than worse — that’s the reason to do it. — PolitiTweet.org

Posted Oct. 11, 2022 Deleted after a month Hibernated

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Matthew Yglesias @mattyglesias

In other words: If your anti-inflation program makes real incomes lower what’s the point? If it makes real incomes higher then where’s the pain? — PolitiTweet.org

Posted Oct. 11, 2022 Deleted after a month Hibernated

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Matthew Yglesias @mattyglesias

Anyways we should have an NGDP futures market and an NGDP targeting regime for monetary policy and it would lead to fewer confused discussions about supply- vs demand- side factors and what is and isn’t painful. Until then, we need supply-led growth! https://t.co/xEv2SGCnVz — PolitiTweet.org

Posted Oct. 11, 2022 Deleted after a month Hibernated