, 3 tweets, 1 min read Read on Twitter
The idea that gold prices predict inflation is definitely a zombie – it should have been killed by evidence, but just keeps shambling along 1/
The financial crisis and aftermath were associated with a big runup in gold prices, bc interest rates on alternative assets fell so low. The inflation rate ... fell 2/
Soybeans, like other commodities, doubled in price from 2007-8; inflation then fell sharply 3/
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