Paul Krugman: Trump Will Corrupt Data On Inflation

“The last time around, back during the Obama years, when there was a lot of inflation truthers claiming that the inflation numbers were being manipulated to make it look like there was less inflation than there was.

“Such accusations are always projections—it’s what they would do, not what was actually happening. We turned to various kinds of private sector independent measures of inflation, many of which were originally developed by economists in places like Argentina, where manipulation of the data was standard so they developed their own ways to measure.

“We’re going to be having to do that. My guess is by sometime next year, we’re going to be having to look at proxies for what’s actually happening to the economy, possibly for what’s actually happening to crime,

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