one thing that wonder about is what if we're not seeing inflation show up in many goods categories because of retail menu costs, but that is starting to change, and in a month or three inflation stats maybe look very differenthttps://twitter.com/sgodofsk/status/1450657636161134592 …
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I suspect prices move faster in the downward direction when they can bc discounts are common and there's competition
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im just saying its optimistic to propose that we land in a position where market clearing prices are anywhere near where they were, anytime soon
End of conversation
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Yeah but you know what Keynes said about the long-run: “it’d be easier on the bloody treadmill i ordered 6 months ago!!”
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