I’m not sure what argument you think I’m making, what argument you think he’s making, and what argument you think you’re making, that deserves a mic drop. His

I’m not sure what argument you think I’m making, what argument you think he’s making, and what argument you think you’re making, that deserves a mic drop. His point is basically that the most recent inflation was caused by a supply shock and high uncertainty, not aggregate demand from fiscal policy, and that broad monetary tightening is a worse strategy for calming this kind of inflation than <insert set of> targeted policies. None of this is “evil corporation have monopoly.” The example he even uses for service side under-supply is a local mechanic, hardly what people think of as “big business monopoly” He was wrong about not getting real wage growth, which did appear just months after this was posted, and is now back on track. But it’s not key to his argument, just an interesting thing I noticed.