{"id":4306,"date":"2012-07-30T17:45:04","date_gmt":"2012-07-30T15:45:04","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=4306"},"modified":"2012-08-01T08:27:41","modified_gmt":"2012-08-01T06:27:41","slug":"internal-devaluation-inflation-and-the-euro","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/internal-devaluation-inflation-and-the-euro\/","title":{"rendered":"Internal Devaluation, Inflation, and the Euro"},"content":{"rendered":"<p>Krugman, Paul.<\/p>\n<p>I\u2019ve been writing for a long time about how the euro area needs more inflation. But I suspect that many readers don\u2019t quite see how this ties into the macro story. So here\u2019s something that may or may not clear things up \u2014 a stylized little model linking euro inflation and the adjustment problem to overall monetary policy. It\u2019s very stylized, making some obviously untrue but I think still useful assumptions, and I have been finding that it clarifies my own thinking, at any rate.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>The New York Times<\/p>\n<p><a href=\"http:\/\/krugman.blogs.nytimes.com\/2012\/07\/29\/internal-devaluation-inflation-and-the-euro-wonkish\/\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Krugman, Paul. I\u2019ve been writing for a long time about how the euro area needs more inflation. But I suspect that many readers don\u2019t quite see how this ties into the macro story. So here\u2019s something that may or may not clear things up \u2014 a stylized little model linking euro inflation and the adjustment [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,25,27],"class_list":["post-4306","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-25","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=4306"}],"version-history":[{"count":4,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4306\/revisions"}],"predecessor-version":[{"id":4308,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4306\/revisions\/4308"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=4306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=4306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=4306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}