Should be obvious from the discussion, especially for someone who “knows quite a bit” about the subject.
> Hi yes I know quite a bit about sticky wages and inflation.
Then why did you ask me for a source for a statement that is well understood among anyone who has studied the subject? Krugman’s statements to this effect are so well-known as to have been written about in other publications.
Back to the original statement: Is it that hard to say “we think wages among the working class are too high so the central bank depreciates the currency”? well is it?
Should be obvious from the discussion, especially for someone who “knows quite a bit” about the subject.
> Hi yes I know quite a bit about sticky wages and inflation.
Then why did you ask me for a source for a statement that is well understood among anyone who has studied the subject? Krugman’s statements to this effect are so well-known as to have been written about in other publications.
Back to the original statement: Is it that hard to say “we think wages among the working class are too high so the central bank depreciates the currency”? well is it?