@aseitzwald@michaelkruse Yeah, when I was there (~5 years ago) there was a lot of hand-wringing over data showing a huge share of news consumers didn't understand traditional datelines, or the difference between reported pieces and aggregation. This is an elegant attempt at a solution.
Mark Carney is asked about interest rates and inflation by @colbyLsmith and he prefaces his answer with this: "Thirteen years as a central banker, I defend the right of my central bank to do whatever they think is right."
NYT: Just on these stimulus measures, though, the Bank of Canada looks like it’s on the cusp of raising interest rates and following other major central banks around the world in combating elevated inflation, so do you see any of this working at cross purposes with the central bank? How do you think about inflation?
Carney: Thirteen years as a central banker, I defend the right of my central bank to do whatever they think is right. Core inflation is running at 2%, headlines run into 3%, but core runs into 2, and so the inflation pressures are much less in Canada than some other jurisdictions that you might be familiar with, and the fiscal position is much stronger. You know, we borrow 110 basis points through the U.S. — that tells you a lot, and the economy is growing. This is not European low interest rates because of that. It’s because we got our fiscal house in order and the central bank has a lot of credibility.
@conorsen For whatever reason, I've rewatched the entirety of Mad Men on planes and trains a couple of times now and have never desired to do so with The Wire or Breaking Bad.
@conorsen Wild to me that the time from 9/11 to the early onset of the GFC (which I put at August '07) is shorter than the span from the pandemic to now.