Wrapping my head around @IMFNews WEO Oct '22 chapter on (non-apperance of) wage-price spirals. If I read them right @IMFNews favors stamping on monetary policy brake hard not to stop wage-price spiral developing but because there is NO wage price spiral -> fear real wage losses. https://t.co/4npPzgw424
Chartbook: Mortgage pressure, the domestication of the American garage, the global cereal market & Siberian power adamtooze.substack.com/p/mortgage-pre…
Chartbook: Mortgage pressure, the domestication of the American garage, the global cereal market & Siberian power adamtooze.substack.com/p/mortgage-pre…