"Non‑inflation Denial - http://NYTimes.com " http://feedly.com/k/10VVHcu
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Replying to @slightlylate
@slightlylate of course if we actually measured inflation correctly, it would be quite a different story: http://m.seekingalpha.com/article/2261861 reply 0 retweets 0 likes -
Replying to @csuwildcat
@csuwldcat That's some pretty tin-foil-hat stuff.
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Replying to @slightlylate
@slightlylate many economists regard present CPI as a poor measure. Q: what do you believe will happen when the $85 bil/mo Fed bubble pops?1 reply 0 retweets 0 likes -
Replying to @csuwildcat
@csuwldcat How much do you know about this "banking" thing?
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Replying to @slightlylate
@slightlylate hmm, a seeming descent into subtle ad hominem...oh well, I'll bite: I maj in bus, min in econ, and have traded stocks since 132 replies 0 retweets 0 likes -
Replying to @csuwildcat
@csuwldcat discussions about the practicality of that tightening and the timing are legit, but there's no functional overhang in lending ATM
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Replying to @slightlylate
@slightlylate those are the right issues, I have concerns: feasibility of external monetization wo historical comforts & drawdown time frame2 replies 0 retweets 0 likes -
Replying to @csuwildcat
@csuwldcat sure, but it's all premature. Unemployment high, austerians running fiscal policy, etc.
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Replying to @slightlylate
@slightlylate austerity by what definition? The bulk of the policy to-date has been tax increases and mediocre cuts: http://www.forbes.com/sites/louiswoodhill/2011/07/20/the-u-ks-tax-hike-austerity-warning-for-the-u-s/ …1 reply 0 retweets 0 likes
@csuwldcat uk policy is clearly worse, but sequestration effects are going to play out slowly...and that's bad news
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