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So it turns out the op-ed that got Stephen Moore his Fed nomination is based on two major falsehoods. washingtonpost.com/opinions/2019/…
Incorrect claim #1: we’re experiencing deflation. Not according to CPI, PCE, or core PCE, the main measures of economy-wide price changes. washingtonpost.com/opinions/2019/… 
Incorrect claim #2: We should just do what Paul Volcker did, which was link interest rates to commodity prices.
...Except according to Volcker, he never, umm, did that.
washingtonpost.com/opinions/2019/…
...Except according to Volcker, he never, umm, did that.
washingtonpost.com/opinions/2019/…
