Today’s Animal Spirits is brought to you by GiveWell
On today’s show we discuss:
- Betting on inflation
- Peloton falls
- Return expectations are … not great
- State Street on Inflation
- Why car prices keep rising
- Worst call ever by the Fed?
- Record margins for meat companies
- In praise of Ponzis
- Is fast food in-dining going to slowly go away?
- Millennials love Powell
- People really want yield
- ESPN used to be my favorite channel
Aside from priorities, is this even true? Is there any good reason to believe that inflation hits low-income households especially hard? 1/ https://t.co/72hxWaL5zW
— Paul Krugman (@paulkrugman) December 11, 2021
Clearly it is the media's fault people are concerned about inflation. I can't think of any other explanation. pic.twitter.com/Ds8AAItYCc
— Jason Furman (@jasonfurman) December 10, 2021
the proposition that low income people have debt (and therefore benefit from inflation) and high income have savings sounds wrong to me.
— Allison Schrager (@AllisonSchrager) December 13, 2021
In any event, however unduly negative respondents are about the unemployment rate…they say they care more about inflation anyway. pic.twitter.com/qltdbXhtfr
— Catherine Rampell (@crampell) December 12, 2021
— Film Updates (@FilmUpdates) December 10, 2021
Web 2 case study in a tweet. Meta off to the normal start.
In Web 2, you own NOTHING. https://t.co/Y0mlqwKVQQ
— 6529 (@punk6529) December 13, 2021
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