inflation
- OB
6 Nov 2023
Olivier Blanchard quoted
It is fair to say that, while economists expected the short end of the yield curve to reflect the higher rates needed to win the fight against inflation, the sharply steeper long end of the yield curve in the last few months has come as a surprise. I shall freely admit that I did not predict it.
↗If markets are right about long real rates, public debt ratios will increase for some timepiie.com
- 15 months earlier
- NS
25 Jul 2022
Noah Smith quoted
HoldsCash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Even more importantly, cash benefits seem to have contributed at least somewhat to the dangerous and painful inflation that the economy is now experiencing.
↗Four things I got wrong since I started this blognoahpinion.blog