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Matthew Yglesias

@mattyglesias ↗

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Last Checked March 15, 2023

Created

Mon Mar 13 00:47:36 +0000 2023

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533

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54

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Matthew Yglesias @mattyglesias

It's problematic that the Fed doesn't have an explicit theory of how raising interest rates slows demands to fight inflation. By causing some banks to fail in a way that costs people their jobs? Apparently not like that! Exclusively through construction layoffs? Why? — PolitiTweet.org

Posted March 13, 2023

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Matthew Yglesias @mattyglesias

I saw this movie right when it came out and thought "that was pretty cool." I think that if I'd seen it under current levels of hype and acclaim I'd have found it annoying. Ideally you wouldn't be such a slave to expectations but such is life. — PolitiTweet.org

Posted March 13, 2023

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Matthew Yglesias @mattyglesias

In 2008 conditions, you'd see the stock market rally in response to a rescue action and say "that's good, this is working." But in the 2023 inflation-fighting mood do we want this reaction, or are lower stock prices disinflationary? https://t.co/7mwNjxO3Ck — PolitiTweet.org

Catherine Rampell @crampell

S&P futures up after regulators announced plan to backstop all the depositors in failed Silicon Valley Bank/Signatu… https://t.co/ruf2n…

Posted March 13, 2023

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