Most Recent Stories

How to Never Lose an Inflation Debate

I liked this line by Paul Krugman in a recent story referring to how the inflation story is like a game of musical chairs:

“So it’s always the 70s, if not Weimar, and if the numbers say otherwise, they must be cooked.”

That’s basically right.  But just in case you’re having any trouble winning inflation debates lately you might want to come armed with this flow chart just so you can be certain that you don’t get bamboozled by someone with the facts.  I hope you find it helpful:


Comments are closed.