I wonder how he's going to spin this.

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More detail in the following tweet.

Gonna go out on a limb here and suggest the new On Politics editor at the New York Times should have some general understanding of how inflation works and of what words mean.

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  • discountsocialism [none/use name]
    ·
    3 years ago

    Transitory here means that theres no reason to expect the inflation rate will speed up. Usually if there is inflation then we'd need to do a policy change to fix the factors that are causing it. But in this case, we don't have to change anything for inflation to go away.