annals of fitting a trend line to a unit root series with an exponential trend right before a major downturnhttps://twitter.com/EGirlMonetarism/status/1431990990634618880 …
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it hasn't though
get back to ngdpp trend and we'll find out how much of the real gap is permanent
Looks like we're about to check if MMT is the "true monetary policy" :-/
computer
inflation
targets
now
Also there was just the fundamental problem that we were blowing all our scientific acumen on web 2.0 bullshit and dodgy financial schemes from 2000-2007, so of course productivity was down
Say what you will about the 2010s' obsession with stupid phone apps, a lot of them do make already-productive people even more productive Shame about the madness though
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