Matthew Yglesias

@mattyglesias ↗

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Last Checked March 13, 2023

Created

Sat Mar 11 13:25:07 +0000 2023

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309

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Matthew Yglesias @mattyglesias

Suppose your only policy concern right now was inflation, what would you do? Well you’d wipe out SVB’s uninsured depositors because whatever possible downside that would have it would absolutely be disinflationary. — PolitiTweet.org

Posted March 11, 2023

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Matthew Yglesias @mattyglesias

A cartel of SVB customers really needs to come together and make this guy stop tweeting. — PolitiTweet.org

Yellen & Powell said inflation was transitory so they could keep spending & pumping. When it blew up in their faces… https://t.co/i…

Posted March 11, 2023

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Matthew Yglesias @mattyglesias

Instead Sacks is out here begging and pleading for active public policy measures to avoid that. And I sympathize! Minimizing downside risk of mass unemployment is in fact more important than minimizing inflation. But that’s exactly the logic Powell/Yellen used in 2021. — PolitiTweet.org

Posted March 11, 2023