The Problem Optimists and Pessimists Can Have in Common - 3 Quarks Daily

by Ken MacVey

3 Quarks Daily

"#Optimists say the cup is half full

#pessimists say the cup is half empty.

Julia doesn't care as long as the half that's there is #coffee."

-- a former co-worker

Well, I’m now on the way TO the #FloodedBuilding so get your votes in on the above poll fast. #Canberra

Thus far the #Pessimists seem to have a strong majority. šŸ˜‚šŸ¤£šŸ˜‚šŸ¤£

@NewDealdemocrat
#Optimists underestimated how much strong #demand lifted #inflation 2y ago. #Pessimists may be overestimating the importance of constraining demand to bring it down now.
#Optimists underestimated how much strong #demand lifted #inflation 2y ago. #Pessimists may be overestimating the importance of constraining demand to bring it down now, chart @WSJecon https://tinyurl.com/3nunz4nu
Why the Drivers of Lower Inflation Matter

Competing effects of central banks, healing supply chains affect recession odds

WSJ
Opinion | Revisiting the Summer of Stagflation

How about: Why have economic pessimists gotten it so wrong?

Borrow money from #pessimists. They don't expect it back
@StevenWright
For 200 years, #pessimists have had all the headlines - even though optimists have far more often been right
@MattWRidley