Blodget and crew weigh in:
Trump sort of walks back plan to offer "discounts" to US debt-holders -- and suggests we can just inflate way out https://t.co/hIeIwZrBp4— Henry Blodget (@hblodget) May 9, 2016
They fall hook, line and sinker for the idiot economist "inflation!" metaphor.
This whole "inflation!" concept is AT BEST once maybe an applicable gold standard concept and now just evidence of the complete lack of competency and qualification of the academe of economics as scientists.
No competent scientist would ever modify THE unit of measure over time within their discipline.
"Oh...wait.... my bad... that was supposed to be in 2003 kilowatt-hours!....." ??????????
They are second rate scientists, completely unqualified to be working in the area they are working, sorry.
And Blodget and crew need to figure this out till then they are just enablers.