WSJ’s Prof. Blinder Misses Again on Inflation Analysis

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WSJ’s Prof. Blinder Misses Again on Inflation Analysis

Writing in the Wall Street Journal, Alan Blinder argues that President-Elect Donald Trump’s economic agenda will spark inflation. “Almost every economist will tell you — as many did before Nov. 5 — that Mr. Trump’s proposed policies are inflationary,” he warns.  Blinder singles out tariffs, tax cuts, and deportations as causes. He also thinks politicizing the Fed is a concern. But Blinder has been consistently wrong about inflation for the past …