The hypocrisy of central bank discourse on inflation and wage restraint is staggering. Inflation is always and everywhere monetary until, well … it isn't. Chartbook #79 tries to unpick some of the tangled web of inflationspeak right now.
adamtooze.substack.com/p/chartbook-79… twitter.com/MESandbu/statu…
RT @gonglei89: Popping real estate and stabilizing its downfall is really only one step in a broader transition sequence. What
RT @gonglei89: Popping real estate and stabilizing its downfall is really only one step in a broader transition sequence. What people shoul…