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Core PCE inflation in April was below expectations while still very high. Annual rates: 1 month: 2.9% 3 months: 3.8% 6 months: 3.8% 12 months: 3.3%
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18 September
Director of institutional asset management at Ritholtz Wealth Management. Writes the A Wealth of Common Sense blog and co-hosts the Animal Spirits podcast with Michael Batnick.
Long-term Treasuries now have a negative total return going back to the start of 2015 It's more than a lost decade for long bonds (and even worse after inflation) inflation Related
This year: Mortgage rates have gone from 6% to 7% 10 year Treasury yields: 4% to 5%. Inflation: 2.4% to 3.4%. Oil prices from less than $60/barrel in Jan to >$100/barrel And the stock market is up double digits but valuations are falling Why? inflation Related
Co-founder, chairman and chief investment officer of Ritholtz Wealth Management. Hosts the Masters in Business podcast for Bloomberg and wrote How NOT to Invest.
10 Friday AM Reads My back in NY morning reads: • Why Are Valuations Falling in a Bull Market?: Ben Carlson runs the year’s tape — mortgages from 6% to 7%, the 10-year from 4% to 5%, inflation from 2.4% to 3.4%, oil from under $60 to ove…
inflation Related
17 September
Co-founder, chairman and chief investment officer of Ritholtz Wealth Management. Hosts the Masters in Business podcast for Bloomberg and wrote How NOT to Invest.
10 Thursday AM Reads My morning reads: • Here’s Who Trump Should Blame for the Rate Hike He’s Raging About:He promised lower prices and lower interest rates. His policies delivered renewed inflation and a rate hike. (The Bulwark) • Gas Pric…
inflation interest rates Related
Venture capitalist and founder of Theory Ventures, previously a partner at Redpoint. Writes a near-daily blog on startups, SaaS metrics, data and AI.
Political scientist writing Drezner's World on international relations, American politics and the marketplace of ideas; author of The Ideas Industry.
16 September
Economics professor at George Mason University and author of The Myth of the Rational Voter, Selfish Reasons to Have More Kids, The Case Against Education and Open Borders. Writes Bet On It.
Even a $100k annual tariff would probably mean millions of immigrants per year. Quoting @DanielDiMartino Actually yes it would be great to just admit people based on an immigration tariff instead of the current system. immigration Related
Author of Shape Up; formerly head of strategy at Basecamp, where he worked on product design for seventeen years; now runs Felt Presence.
Here's one of the many little ways that AI is changing expectations about UI. I'm building this thing I want for teams I manage to more clearly define review points. (A bit like Shopify's phase transitions in their GSD system). I have a handful of tasks that should be checked in a review. It used to be normal practice that any list in a UI needs a title. Eg "List" or "Untitled" etc. But this was always a drag, right? Naming a list just to have a group of things is extra work. But without a name it's hard to scan and find and all lists look the same. Now AI can generate titles for anything. Li… Related
Director of institutional asset management at Ritholtz Wealth Management. Writes the A Wealth of Common Sense blog and co-hosts the Animal Spirits podcast with Michael Batnick.
15 September
Writer of Lenny's Newsletter and host of Lenny's Podcast, covering product, growth and career in tech. Previously a product lead at Airbnb. Also an angel investor and advisor.
Growth tactic #13: "🎈Go anti-professional: One of the most viral LinkedIn posts of all time came from a manager who swapped her corporate headshot for a casual, no-makeup photo. Pick a norm of your own and break it in public. You might talk about how much roles actually pay or admit that a big launch didn’t actually meet internal expectations. People are tired of perfectly curated, glossy exteriors of the professional world, so a bit of human messiness will stand out." More here: lennysnewsletter.com
Quoting @lennysan 60+ creative growth ideas Everyone's running the same growth playbook: high-production launch videos, paid influencers, AEO, social, maybe some (poorly attended) events. Your competitors are in the same channels competing for the same eyeballs. But attention goes to what people don't see coming. Th… Related
Mathematical physicist at UC Riverside. Wrote This Week's Finds in Mathematical Physics and now the Azimuth blog on mathematics, physics and environmental science.
Imagine thinking you had a good 20 years ahead of you. You go to the doctor for an annual physical, she does some tests, then comes back with a long face and says "I'm sorry to say: you have just 2 months to live". That's what just happened here. While planets in the inner Solar System are believed to have orbits that are unstable in the long term, astrophysicists thought the outer planets could last ~100 billion years before being picked off by other stars flying past, and other effects. But recently, we've learned something that changes this story. As red giants lose their mass by puffing o… solar Related
Venture capitalist and founder of Theory Ventures, previously a partner at Redpoint. Writes a near-daily blog on startups, SaaS metrics, data and AI.
When Inbound Sells Itself Jeanne DeWitt Grosser, COO of Vercel, reports 90% automation of inbound sales development, a support agent handling 93% of cases, a 32x ROI on the sales development agent, & a total annual infrastructure bill in the sin…
Related
14 September
Economist; former chief economist of the International Monetary Fund.
13 September
Economist; former chief economist of the International Monetary Fund.
British open-standards and open-source technologist, formerly of the UK Government Digital Service and the W3C Advisory Committee. Blogs at shkspr.mobi, where he posts a book review most weeks.
12 September
Marketing author and daily blogger; founder of the altMBA and the Akimbo workshops, and author of books including Purple Cow and This Is Marketing.
The daily review The office worker has learned to dread the annual review. For many good reasons. It’s going away. Now, like workers on the factory floor, it’s likely that the metrics will be exposed and the system will be contributing…
Related
11 September
Co-founder and chief investment officer of Cambria Investment Management. He has written several books on quantitative asset allocation, blogs at Meb Faber Research and hosts The Meb Faber Show.
𝗕𝗼𝗻𝗱𝘀 𝗯𝗲𝗮𝘁 𝗡𝗮𝗽𝗼𝗹𝗲𝗼𝗻, 𝘁𝗼𝗽𝗽𝗹𝗲𝗱 𝗮 𝗽𝗿𝗶𝗺𝗲 𝗺𝗶𝗻𝗶𝘀𝘁𝗲𝗿, 𝗮𝗻𝗱 𝗺𝗮𝗱𝗲 𝗧𝗿𝘂𝗺𝗽 𝗯𝗹𝗶𝗻𝗸. 𝗕𝗼𝗿𝗶𝗻𝗴 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲 𝗻𝗼𝘁. My guest today is Robin Wigglesworth (@RobinWigg), editor of @FTAlphaville and author of A Fabulous Debt, a thousand-year history of the market that sets the price of everything else. We get into: • An Austrian 100 year bond that lost 80%, while a defaulting Argentina paid off better • Why T-bills feel safe but can lose you 50%+ in real terms after inflation • Is private credit the next systemic blowup? • Why the $12 trillion repo mar… inflation Related
Investing columnist for The Wall Street Journal and editor of the revised edition of Benjamin Graham's The Intelligent Investor.
My latest @WSJ column: Treasury inflation-protected securities, or TIPS, can help investors in or near retirement to protect their nest egg wsj.com
inflation Related
Director of institutional asset management at Ritholtz Wealth Management. Writes the A Wealth of Common Sense blog and co-hosts the Animal Spirits podcast with Michael Batnick.
I know everyone hates bonds right now b/c inflation, govt debt, etc But if you own a bond index fund that tracks the Agg you're getting 5.2% avg yield to maturity right now Investors would have killed for yields this high at any point in the past 15 years or so inflation Related
10 September
Director of institutional asset management at Ritholtz Wealth Management. Writes the A Wealth of Common Sense blog and co-hosts the Animal Spirits podcast with Michael Batnick.
We now have: 7% mortgage rates 5% bond yields 3.5% inflation A roaring stock bull market A transformational tech innovation boom Good movies Angst among the younger generation This really is the 1990s all over again inflation Related
8 September
Economics professor at the University of California, Berkeley and a former Deputy Assistant Secretary of the US Treasury. Author of Slouching Towards Utopia and writer of the Grasping Reality newsletter.
7 September
Essayist, journalist and independent researcher on Chinese politics, strategy and cultural history; author of the blog The Scholar's Stage.
It is fine to repeat your words. In fact, it is fine to repeat words not only “in the same section,” but in the very next sentence. Successful rhetoric is a story of variation—but that does not mean you should vary constantly. Constant variance is simply noise; a distinctive voice is made less, not more distinctive by background static. The goal is to set expectations, then break them. Long sentences are broken by short ones. Latinate terms are broken by Saxon ones. You repeat a cadence, or a figure, or a word—and then you break the pattern you have set. This keeps readers interested. It also… Quoting @tomieinlove There's a soft rule in English prose: you shouldn't repeat the same word in a section. This is difficult, because often the same word—whoops—thing does many things—whoops—actions in the same section—whoops—sequence. So you have use like 12 different synonyms Related
Economist; Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan, former chief economist of the International Monetary Fund, and co-author of 13 Bankers and Power and Progress.
4 September
Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.
Co-founder, chairman and chief investment officer of Ritholtz Wealth Management. Hosts the Masters in Business podcast for Bloomberg and wrote How NOT to Invest.
3 September
Director of institutional asset management at Ritholtz Wealth Management. Writes the A Wealth of Common Sense blog and co-hosts the Animal Spirits podcast with Michael Batnick.
Some questions: Would inflation be even worse if we weren’t in a housing recession? Are private markets the perfect place to hide fraud? Are colleges screwed? Is NVDA the anti-bubble? How important is the wealth effect to the economy? inflation Related
Economist; writes In My Tribe, and wrote The Three Languages of Politics.
Prime Minister of the United Kingdom since July 2026 and leader of the Labour Party. MP for Makerfield since a by-election in June 2026; Mayor of Greater Manchester from 2017 before that.
I said I’d do politics differently. So these are the facts: The UK has seen the lowest number of summer small boat arrivals since 2020. We’ve returned more than 80,000 people with no right to be here – and annual returns are at their highest level since 2016. There are half the number of asylum seekers in hotels than there were last year. And today, we go further by bringing the total number of deployed French officers tackling small boat crossings to nearly 1,050. But I know that we can’t be complacent on this. Smuggling gangs are constantly adapting their tactics, and we need to respond qui… Related
2 September
British designer and technologist; co-founder of the design studio BERG, which made Little Printer, and writer of the blog Interconnected.
llm naming inflation is out of control. Astra and Mythos pretty much maxing out in terms of scale, I mean where do you go from there LLMs inflation Related
31 August
Technology writer and podcaster; former Macworld editor-in-chief, writes Six Colors and hosts podcasts on Relay FM and The Incomparable.
Congratulations to alix e. harrow for winning the Hugo for best novel and also, in a slightly less distinguished award nobody should care about, the Incomparable’s annual poll for our favorite Hugo/Nebula novel nominee. theincomparable.com
Related
28 August
Self-taught home cook and food writer who has run the Smitten Kitchen recipe site since 2006; author of four cookbooks.
peach cobbler loaf A friend asked me last week how long it takes to get a recipe right. I told him the only answer I know: As long as it takes. I’d like to be someone who could “adjust my expectations,” make peace with “close enough,” or…
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20 August
Writer and developer. He runs the Latent Space newsletter and podcast about AI engineering, and writes essays on software and careers at swyx.io.
well, @openclaw was good to apple this team conservatively drove $50-$150m in mac mini sales alone this year haha (roughly +50% of normal annual mac mini sales worldwide, just due to openclaw 2026) Quoting @steipete 512GB RAM Studios. Apple was good to us. 🦞 Related
18 August
Writer and teacher on productivity and personal knowledge management. Author of Building a Second Brain and founder of Forte Labs, which runs the course of the same name.
7 August
Monetary economist known for NGDP-level targeting. Wrote TheMoneyIllusion until it closed in 2024 and now writes The Pursuit of Happiness.
Co-founded Neuralink and founded Science Corp, which is building a retinal implant; writes about neural interfaces and biology.
From one piece
Max Hodak: Average Is Not Good Enough
2 beliefs, in the piece's order there
6 August
Writer on happiness, habits and human nature. Author of The Happiness Project, Better Than Before and The Four Tendencies, and host of the Happier with Gretchen Rubin podcast.
Their words
If you keep adding deadlines without also checking whether the workload itself is sustainable, you risk what I call Obliger-rebellion-the point where an Obliger who has met, met, met, and met expectations suddenly snaps and refuses to meet any more.
Show the whole quote
gretchenrubin.com
4 August
Writer of the personal-finance blog Of Dollars And Data and author of Just Keep Buying and The Wealth Ladder. Chief Operating Officer at Ritholtz Wealth Management.
3 August
Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.
Monetary economist known for NGDP-level targeting. Wrote TheMoneyIllusion until it closed in 2024 and now writes The Pursuit of Happiness.
1 August
China economy researcher based in Beijing who writes on his personal blog about Chinese political economy, history, books and music.
31 July
Demographer; writes on fertility, marriage and population, and directs the Pro-Family Initiative at the Institute for Family Studies.
26 July
Lawyer and everyday-carry gear reviewer who publishes scored knife, flashlight and multitool reviews at Everyday Commentary.
Light and Saber Pairs 2026 It’s late July, early August, so it is time for the annual Light&Saber Listicle. To clarify language here is my article about the price brackets. The goal of this article is to recommend to you a knife and a light that…
Related
23 July
Writer and illustrator, author of Am I There Yet? and Out of the Blue; writes the newsletter Out of the Blue on grief, joy and everyday attention.
20 July
Founder and editor-in-chief of MacStories, writing about Apple software, iPad workflows and automation since 2009. He co-hosts the AppStories podcast.
Author of Recoding America; founded Code for America and was US deputy chief technology officer from 2013 to 2014. Writes Eating Policy on why governments cannot do what they decide to do.
19 July
Chief Product and Technology Officer at Netflix, previously VP of Science at Lyft and an economist at Analysis Group.
Their words
So, the most useful thing is not to make it level specific or role specific, but to encourage everyone towards the expectation on AI fluency, which doesn't mean use it as a tech for the sake of tech. It's tech where it's useful, to have good judgment about that, and to have the mindset to be open-minded to explore and try new things.
Show the whole quote
youtube.com
15 July
Professor of finance at NYU's Stern School of Business, known for his work on valuation. He publishes his data, spreadsheets and classes free at Damodaran Online and writes the Musings on Markets blog.
My annual country risk update, which includes everything I know and have learned about country risk in my corporate finance analysis and valuation is now available to download: papers.ssrn.com
Related
6 July
Pseudonymous writer; posts careful, funny investigations of everyday questions — air quality, seed oils, arguing, chess — usually by reading the studies.
30 June
Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.
28 June
Economist; Professor of the Practice of Economic Policy at Harvard, nonresident senior fellow at the Peterson Institute, and Chairman of the US Council of Economic Advisers from 2013 to 2017.
This is the cut of the data that had people especially worried about inflation after this week's PCE infaltion release. inflation Related
27 June
Organizational psychologist and professor at the Wharton School. Author of Give and Take, Originals, Think Again and Hidden Potential, host of the Re:Thinking podcast, and writer of the GRANTED newsletter.
Their words
Perfectionism stems from unreasonably demanding expectations and unduly harsh criticism.
Show the whole quote
adamgrant.substack.com
25 June
Economist; Professor of the Practice of Economic Policy at Harvard, nonresident senior fellow at the Peterson Institute, and Chairman of the US Council of Economic Advisers from 2013 to 2017.
PCE-based ecumenical underlying inflation measure was 3.5% in May. As most metrics are highly elevated. inflation Related
PCE inflation came in high. And the details were even more worrying than the headline as the risk of inflation mounting outside the tariff/Iran affected sectors. Core PCE annual rate: 1 month: 3.9% 3 months: 3.5% 6 months: 4.1% 12 months: 3.4% inflation Related
14 June
Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.
11 June
Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.
10 June
Economist; Professor of the Practice of Economic Policy at Harvard, nonresident senior fellow at the Peterson Institute, and Chairman of the US Council of Economic Advisers from 2013 to 2017.
Looking at today's headlines on inflation I want to re-up this. Is a peculiarity that 100% of the jobs focus is 1-month while majority of inflation focus is 12-months. If May-25 jobs was 400K & May-26 was 300K the 12-month number would go down but no headline or even line in the article would be "job growth stalled in May". Quoting @jasonfurman I mostly avoid media criticism because the reporters that write these stories 100% understand all the issues I'm raising and are consistent over time. But I wish the editorial choices would move away from a focus on 12-month changes, reversing headlines and subheads. inflation Related
Three things about today's inflation report: 1. 12-month inflation increased (because May-26 > May-25) 2. 1-month inflation slowed (because May-26 < Apr-26) 3. Inflation came in below expectations. Here is core. inflation Related
1 June
Writes Stratechery, a subscription newsletter on the business and strategy of technology, and hosts the Dithering and Sharp Tech podcasts.
I’m gonna delete this thread because I think people complaining about airlines on Twitter are pretty lame, including myself! That said, I think the takeaway is that the reason I was upset is precisely because of dashed expectations. If this were American I would have shrugged my shoulders. So I guess that’s a compliment to United, but also a reminder that it’s risky to advertise things (like Starlink) when you can’t yet confidently deliver on them. Anyhow, 28B on Southwest. Let’s go! 😅 America Related
29 May
Programmer and writer on computer architecture, performance, and software reliability. He has worked on CPU design at Centaur Technology and on software at Google and Microsoft, and writes long-form technical essays at danluu.com.
15 May
Writes Very Serious, a newsletter on politics, the economy and culture, and hosts the podcast of the same name.
28 April
Experimental psychologist and author of the blog Experimental History, on psychology, science reform and creativity.
27 April
Author of Recoding America; founded Code for America and was US deputy chief technology officer from 2013 to 2014. Writes Eating Policy on why governments cannot do what they decide to do.
Their words
The forty-page PDF used to feel intolerable. The well-designed web form will start to feel that way too, and faster than the last transition did.
Show the whole quote
eatingpolicy.com
23 April
Structural engineer and senior infrastructure fellow at the Institute for Progress; writes Construction Physics on why physical things cost what they cost.
1 April
Uber's first Chief Technology Officer, from 2013 to 2020; later CTO of Coupang and of Faire.
11 March
Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.
14 January
Writer and artist, author of Steal Like an Artist; publishes a weekly newsletter and an annual list of the books he read.
Their words
I had a lot of fun reading it, thanks to Elisa Gabbert's annual year-end list of every book she read.
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austinkleon.com
1 January
Writer and researcher on China, technology and industry; author of Breakneck, research fellow at Stanford, known for a widely read annual letter.
My annual letter: https://t.co/5axz7jVwOb This year I discuss corgis, compute, and Cold War; the Texas State Fair; DSA; Neue Sachlichkeit; disfiguring the physical past and the end of history; Germanic obedience; Antichrist; wisecracks; Pascal’s Wager; romantasy; and croissants. Related
25 December 2025
President of the United States, the 45th from 2017 to 2021 and, as of 2026, the 47th; before politics a New York property developer who ran the Trump Organization, and the host of The Apprentice from 2004 to 2015.
Merry Christmas to all, including the Radical Left Scum that is doing everything possible to destroy our Country, but are failing badly. We no longer have Open Borders, Men in Women’s Sports, Transgender for Everyone, or Weak Law Enforcement. What we do have is a Record Stock Market and 401K’s, Lowest Crime numbers in decades, No Inflation, and yesterday, a 4.3 GDP, two points better than expected. Tariffs have given us Trillions of Dollars in Growth and Prosperity, and the strongest National Security we have ever had. We are respected again, perhaps like never before. God Bless America!!! Pr… inflation America Related
17 December 2025
Pen name of the Canadian-American writer behind mrmoneymustache.com, a blog on frugality, early retirement and index-fund investing that has run since 2011.
Health Insurance: I'm still really happy with what I've been doing since since 2020: - Direct primary care (DPC) physician subscription - Sedera Health Sharing (alternative to insurance with a $5k annual max out of pocket type of setup) https://t.co/RB2oXA82eL Total monthly cost for me at 51 is about $400. And no copays for doctor visits! Cautions: works best for people without existing chronic expenses. Also check the ACA marketplace including subsidies which can be very affordable in some cases. Quoting @LancerShull @mrmoneymustache Wondering what your latest take is on health insurance? The marketplace plan I have more than doubled after an increase in income. Thanks for sharing your TRT experience. 👍💪☕ Related
10 December 2025
Investing columnist for The Wall Street Journal and editor of the revised edition of Benjamin Graham's The Intelligent Investor.
10 October 2025
Writes on effective altruism, energy and the arithmetic behind arguments people repeat — including how much electricity a chatbot query actually uses.
4 September 2025
Software developer and entrepreneur; co-founder of Heroku, author of The Twelve-Factor App, and a researcher at Ink & Switch.
Their words
The baseline of user expectation quality and craft keeps rising.
Show the whole quote
Why sync adamwiggins.com
11 August 2025
Roboticist; co-founded iRobot and Rethink Robotics, directed the MIT AI Lab, and publishes a scorecard grading his own dated predictions about AI, robots and self-driving.
AI: great expectations This time around I decided on a guest column. The guest is a 37 years ago younger me, and this post is one that I wrote for Manufacturing Engineering in March of 1988. It was for the last page of the trade magazine, in…
Related
8 July 2025
Technology journalist; writes Understanding AI, after reporting at Ars Technica, Vox and the Washington Post.
self-driving cars
Their words
These videos exceeded my expectations. Tesla’s robotaxi rollout wasn’t perfect, but it went as well as anyone could have expected.
Show the whole quote
understandingai.org
6 July 2025
Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.
1 July 2025
Social scientist at King's College London; writes The Great Gender Divergence on why societies differ in how they treat women.
12 May 2025
Energy and decarbonisation analyst; publishes an annual chart deck on the state of the transition, and was chief content officer at BloombergNEF.
1 April 2025
Software engineer and writer; former CTO of Wave, now at Anthropic. Blogs at benkuhn.net on attention, engineering management and doing hard things well.
19 February 2025
Economics professor at George Mason University and author of The Myth of the Rational Voter, Selfish Reasons to Have More Kids, The Case Against Education and Open Borders. Writes Bet On It.
30 January 2025
Energy and decarbonisation analyst; publishes an annual chart deck on the state of the transition, and was chief content officer at BloombergNEF.
The Annual Presentation Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commod…
Related
20 January 2025
President of the United States, the 45th from 2017 to 2021 and, as of 2026, the 47th; before politics a New York property developer who ran the Trump Organization, and the host of The Apprentice from 2004 to 2015.
8 January 2025
Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.
From one piece
Full Steam Ahead: All Aboard Fiscal Dominance
2 beliefs, in the piece's order there
31 August 2024
American science-fiction writer, author of the collections Stories of Your Life and Others and Exhalation, and an essayist on artificial intelligence for The New Yorker.
20 August 2024
Economist at the Hoover Institution; wrote The Fiscal Theory of the Price Level and blogs as The Grumpy Economist.
9 December 2023
Social scientist turned small-scale farmer; wrote A Small Farm Future and argues against the case for feeding the world from factories.
Their words
My wife and I have averaged a joint annual income of £5,500 from the market garden over the last ten years.
Show the whole quote
chrissmaje.com
6 November 2023
Economist; former chief economist of the International Monetary Fund.
inflation economists
Their words
It is fair to say that, while economists expected the short end of the yield curve to reflect the higher rates needed to win the fight against inflation, the sharply steeper long end of the yield curve in the last few months has come as a surprise. I shall freely admit that I did not predict it.
Show the whole quote
piie.com
30 April 2023
Founder of the toy manufacturer Viahart; writes about manufacturing, importing and why bringing production back to America is harder than it sounds.
14 January 2023
Monetary economist known for NGDP-level targeting. Wrote TheMoneyIllusion until it closed in 2024 and now writes The Pursuit of Happiness.
inflation interest rates
Their words, before
The Fed needs PCE inflation to average 1.96% for the remainder of the decade in order to hit their AIT target.
Show the whole quote
Their words now
I assumed they intended inflation to average roughly 2% during the 2020s.
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2 January 2023
Swedish software developer writing about tooling, working from home and running a software business at seastone.io.
https://t.co/g0wpgl7RXH In this seventh(!) annual review, I go through the good and bad of the past year and the promises for next year. Related
1 June 2022
Economist; former chief economist of the International Monetary Fund.
From one piece
Fiscal Policy under Low Interest Rates
3 beliefs, in the piece's order there
Their words
I believe that, except in times of hyperinflation, the price level does not behave as an asset price but as the aggregate of billions of mostly backward-looking decisions, and that expectations of future primary balances have little effect on the price level today.
Show the whole quote
Fiscal Policy under Low Interest Rates direct.mit.edu
inflation interest rates
Their words
Japanese macroeconomic policy is often characterized as a failure, with the central bank unable to achieve its inflation target, a low growth rate, and debt ratios steadily rising to reach more than 170% for net debt and 250% for gross debt. I think it should be seen instead as a qualified success, with the use of aggressive fiscal and monetary policies to compensate for very weak private demand: Output has remained close to potential.
Show the whole quote
Fiscal Policy under Low Interest Rates direct.mit.edu
inflation interest rates government
Their words
Governments have not been bailed out by their central banks. As I discussed earlier, central bank intervention does not reduce the overall liabilities of the consolidated government, just their composition. And it does not automatically lead to more inflation: It increases the size of the balance sheet of the central bank, but it does not increase the size of the non-interest-paying money stock.
Show the whole quote
Fiscal Policy under Low Interest Rates direct.mit.edu
1 March 2022
Economist; Professor of the Practice of Economic Policy at Harvard, nonresident senior fellow at the Peterson Institute, and Chairman of the US Council of Economic Advisers from 2013 to 2017.
30 August 2020
Photographer and writer based in Malaysia who publishes long-form camera, lens and photography-book reviews, essays and photoessays at blog.mingthein.com.
22 June 2020
Co-founded Neuralink and founded Science Corp, which is building a retinal implant; writes about neural interfaces and biology.
Nothing matches. Show everything
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