This is CPI, percent change from measurement to measurement.
This is not an inflationary threat, and Krugman is pretending to argue against inflationists. This is a downward spiral and congress is running out of taxable income as a result. Paul is running a scam, he knows the outcome is default. He is looking to sneak in a default rather then do it in a straight forward method.
I know the outcome, Paul knows the outcome, who is speaking directly to the issue?
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