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Why is inflation down?

2 years 5 months ago
Inflation is down. But there are doubters about the cause: All it took for inflation to be transitory was 500bps of rate hikes and 7% mortgage rates. — Conor Sen (@conorsen) July 12, 2023 Oh come on. This really doesn't bear much scrutiny. Here's inflation: Even if you don't believe me when I say that ...continue reading "Why is inflation down?"
Kevin Drum

Rupert Murdoch hates incompetent bigotry

2 years 5 months ago
According to Rolling Stone, Rupert Murdoch is wavering in his support for Ron DeSantis: In recent weeks, the Murdochs have grown increasingly displeased with the DeSantis campaign’s perceived stumbles, lackluster polling, and inability to swiftly dethrone Trump....According to two of the sources, Murdoch has privately winced at DeSantis’ nonstop cultural-grievance strategy, arguing that it is ...continue reading "Rupert Murdoch hates incompetent bigotry"
Kevin Drum