Sunday, June 19, 2016

This Question Was Actually Seriously Asked by an NYT Economic Columnist

P. Krugman in today's New York Times:
There is a near-consensus at the FOMC that rates must eventually move up. But here’s my question: why, exactly?
Sounds like an Austrian-lite on steroids.

CONSIDER:

Rent inflation of primary residences is accelerating and is already climbing at a rate of near 4%.




-RW

1 comment:

  1. Store that one in the "for future reference" file.

    ReplyDelete