**〓 The idiot Masaaki Shirakawa claims he was a student of Milton Friedman at the University of Chicago.**
**〓 According to Milton Friedman’s Monetarism Mark I, cost-push inflation caused by supply shocks is resolved when real wage growth adaptively catches up to the inflation rate.**
**〓 To achieve real wage growth — that is, wage increases — interest rates must be cut, as President Trump says.**
**〓 If you raise rates, companies will lose the capacity to respond to wage increase demands.**
**〓 Milton Friedman’s Monetarism Mark I does not set the supreme goal as keeping inflation below a certain level. Its supreme goal is to achieve real wage growth through wage increases that catch up with inflation.**
**〓 Don’t put in your career that you studied under Milton Friedman at the University of Chicago if you don’t even understand that, you idiot Masaaki Shirakawa!**
1
0
**〓 The idiot Masaaki Shirakawa claims he was a student of Milton Friedman at the University of Chicago.**
**〓 According to Milton Friedman’s Monetarism Mark I, cost-push inflation caused by supply shocks is resolved when real wage growth adaptively catches up to the inflation rate.**
**〓 To achieve real wage growth — that is, wage increases — interest rates must be cut, as President Trump says.**
**〓 If you raise rates, companies will lose the capacity to respond to wage increase demands.**
**〓 Milton Friedman’s Monetarism Mark I does not set the supreme goal as keeping inflation below a certain level. Its supreme goal is to achieve real wage growth through wage increases that catch up with inflation.**
**〓 Don’t put in your career that you studied under Milton Friedman at the University of Chicago if you don’t even understand that, you idiot Masaaki Shirakawa!**
https://gyazo.com/d934418415f5be126cfd5aaa80563488