And You Thought That The Phillips Curve Was Buried in the Mid-1980s!

Shows how out of touch you are: it’s now a policy tool endorsed at Harvard! In 1990, the inflation rate in Brazil was a tame 30,377% with prosperity exploding everywhere. Really. Full employment too, thanks to our central-planning chart courtesy of A.W. himself. We just pick a high inflation rate, and that chooses a low unemployment rate for us. Yes, it always blows up, but uncongenial data are racist anyway. Even better: that inflation tax eroding your wealth demonstrates that you just have it way too good under Biden. Indeed, Mighty Jason of Harvard, you need to use your connections to Senile Joe to get those printing presses operating much faster! The prosperity will be as endless as the money printing! < / sarcasm>

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1:43 am on October 15, 2021