Matthew Yglesias

@mattyglesias ↗

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Last Checked Feb. 15, 2023

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Fri Oct 28 12:41:22 +0000 2022

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Matthew Yglesias @mattyglesias

You could have a situation where inflation was running at 7% but nominal wage growth was running at 8% — that would be “too much” inflation relative to the Fed’s target but I’m not sure people would be so upset. — PolitiTweet.org

Posted Oct. 28, 2022 Deleted after 40 seconds Hibernated

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Matthew Yglesias @mattyglesias

The “good news” about restrained nominal ECI growth is a reminder that there are really two different things going on that are both called inflation: — All nominal aggregates growing faster than trend — Prices growing faster than incomes — PolitiTweet.org

Employment cost index up 1.2% in Q3, +5.0% year-on-year. Consistent with the story of nominal wage growth that is h… https://t.co/jDtzQ2BBVY

Posted Oct. 28, 2022 Deleted after a minute Hibernated

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Matthew Yglesias @mattyglesias

@brucefenton @ATabarrok Why is it “authoritarian” for a private business to decide who it wants to do business with? I feel like it would be authoritarian to do the reverse and have the government tell them what to do. — PolitiTweet.org

Posted Oct. 28, 2022 Deleted after 15 days Hibernated