Blueberries, Gold, Inflation, and Professor Krugman
Mother Jones
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So Paul Krugman writes a column about all the folks who have been hysterically predicting runaway inflation for the past few years, and what does he get? This:
I know it’s just a coincidence. The other 500 comments are quite likely perfectly sane. Nonetheless, this is what we’re up against.
POSTSCRIPT: In case you’re curious, food prices have actually risen 11 percent over the past five year. In other words, 2.2 percent per year.
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