4 Comments
Aug 31, 2023Liked by The Rational Walk

Excellent post. Thanks.

Should be front page op ed in both Bloomberg and WSJ.

And required reading for all financial journalists and reporters including a detailed quiz follow up to test their comprehension!

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Aug 31, 2023Liked by The Rational Walk

"Instead, policy debates over inflation occur in resorts like Jackson Hole that no ordinary American could ever hope to visit." Great sentence whose point is often forgotten or not recognized

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