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Mohamed A. El-Erian

@elerianm

Yet another example -- this one from the

@WSJ

-- of how #inflation has driven a significant and still growing wedge between real and nominal measures of the same concept. My sense is that, despite the persistence of this high inflation phase, quite a few models, mindsets and measurement approaches are yet to adapt sufficiently.

3:49 AM · Apr 26, 2023

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