The report, written by Moody’s chief economist Mark Zandi, claims inflation worries are “overdone,” because “much of the additional fiscal support … is designed to lift the economy’s longer-term growth potential and ease inflation pressures,” according to Axios
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This is the same logic as “look at all the money I saved on this new dress.”
[[[The report, written by Moody’s chief economist Mark Zandi, claims inflation worries are “overdone,” because “much of the additional fiscal support … is designed to lift the economy’s longer-term growth potential and ease inflation pressures,” according to Axios]]]]
For tomorrow’s magical trick, Mark Zandi will push a rope.