@conncarroll Is pegging your govt issued currency to a govt specified commodity at a govt-specified rate central planning?
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En réponse à @conncarroll
@conncarroll Not saying Fed policy can fix supply-side problem. But it can meet money demand. If a sugar high, where is the inflation????5 réponses 0 Retweet 0 j'aime -
En réponse à @JimPethokoukis
@JimPethokoukis 1) pockets of dom. inflation in commodities, land, energy, stocks etc; 2) some exported to EMs...@conncarroll1 réponse 0 Retweet 0 j'aime -
En réponse à @scottlincicome
@scottlincicome Big inflation in land, commodities, etc. only exist if you pick the right staring point.@JimPethokoukis@conncarroll2 réponses 1 Retweet 0 j'aime -
En réponse à @jneeley78
@jneeley78 of course. And it's not easy to tell what's causation and what's correlation@JimPethokoukis@conncarroll1 réponse 0 Retweet 0 j'aime -
En réponse à @scottlincicome
@scottlincicome Point is, fact milk is back to pre-recession price isn't evidence of incipient hyperinflation@JimPethokoukis@conncarroll3 réponses 1 Retweet 0 j'aime -
En réponse à @jneeley78
@jneeley78 and, again, the fact that core CPI isn't sky high isn't indicative of much.1 réponse 0 Retweet 0 j'aime -
En réponse à @scottlincicome
@scottlincicome Headline CPI isn't sky high either.2 réponses 0 Retweet 0 j'aime
@jneeley78 correct. Did you see my other tweets to JP? There is no widespread inflation here bc private money supply hasn't expanded...
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RTS. You didn't read the article, did you?