Dawn Thee Scribbler
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Paul Krugman's latest NYT piece: "Almost every measure of inflationary pressure I’m aware of has improved substantially over the past year, with no increase in the unemployment rate." Gifted link: https://www.nytimes.com/2023/04/10/opinion/the-meaning-of-an-awesome-employment-report.html?unlocked...
08:35 PM - Apr 10, 2023
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Dawn Thee Scribbler
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He also notes: "It will be a real tragedy if exaggerated fear of inflation causes the Federal Reserve to push interest rates too high for too long, leading to a gratuitous recession that throws away many of the gains we’ve made."
In response to Dawn Thee Scribbler.
08:40 PM - Apr 10, 2023
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