So here's a new nightmare. As @ModeledBehavior points out US rents incorporated into CPI lag private market rent levels -> we could see months of upward adjustment in the CPI index even as new rents fall and the rest of the economy goes into recession!
ft.com/content/0b8b7a… https://t.co/X0l6NwS5mi
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…