Quote:
Originally Posted by bhunter
Off the deep end!
Here's a snippet from his latest liberal rant from the NYT:
Inflation is low and doesn't exist and yet just about everything is more expensive than it was a year ago. Further, groceries here have jumped considerably. The new official metric for inflation is not very good at measuring what it purports to measure. Of course, everyone knows that, but most use those massaged misguided numbers. Thus, here we have Krugman asserting that more borrowed stimulus is needed and that inflation is nothing to worry about.
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Indeed, the inflation index has hurt seniors very badly the last few years.
I have devoted threads here to this.