Tea with FT

As a former Executive Director of the World Bank I know that the columnists of the Financial Times have more voice than what I ever had, and therefore they might need some checks-and-balances.

Would a child shouting out “the Emperor is naked” have his observation published in FT? Would he now need a PhD for that to happen?

For more see "A Blog is Born" at the very bottom.

Showing posts with label CPI. Show all posts
Showing posts with label CPI. Show all posts
August 15, 2020

Inflation has already returned

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Sir, I refer to your editorial “ The economy is too weak for inflation to return ” August 14, 2020. No! The inflation has alrea...
March 19, 2019

If the inflation-measured basket used house prices instead of rental costs, the story would be different.

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Sir, Rana Foroohar points to “The latest Consumer Price Index figures show that almost all core inflation… was in rent or the owner’s equiv...
September 29, 2017

What extraordinary things since the crisis have central banks achieved? Having kicked the can down the road?

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Sir, Alan Beattie writes: “By being prepared to embrace the radical in the face of ill-informed criticism… — central banks have achieved ex...
August 30, 2006

The death of the hydra of inflation is also a myth.

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Sir, Kenneth Rogoff’’s “ The myth of how central banks slew the hydra of inflation ”, August 30, correctly concludes after analyzing the eff...
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