4 ms·
Not op, but presumably: that spikes in prices where temporary bounce backs rather than structural switches to high inflationary years. Which is also the view o
by riffraff 5y ago
Not op, but presumably: that spikes in prices where temporary bounce backs rather than structural switches to high inflationary years.
Which is also the view of the Fed and the ECB, so not a particularly weird position from Krugman.