Broad Oak: your emotional support animal

Wednesday, September 03, 2008

The financial brakes are on

Mish argues that CPI inflation is now overstated because it ignores house prices, with the result that real interest rates should be viewed as high already.

1 comment:

NMMM.NU said...

If you listen to Mish, and then listen to John Williams, finally you may decide that US government state correct inflation :)

C'mon...