the bets

Let's see if I remember these bets, I tend to lose focus and forget.

Inspired by DeLong, I'm betting - without them knowing - that Lambert and Shlaes are wrong.

She retweets

5-Year TIPS spreads have been anticipating increasing inflation since the end of last year.

Look at 5 year Treasury Inflation-Indexed Security, Constant Maturity

and she links to U.S. TIPS Sale Yields Least in a Year on Inflation Bets

"The U.S. sold $13 billion in 10-year TIPS at the last auction of the securities, on May 22, drawing a yield of 0.339 percent."

$13 billion doesn't sound like that much. Maybe it is for one month.

Let's so how that goes.

Also Edward Lambert at Angry Bear is predicting a resession by the end of the year because profits are supposedly topping off. Let's revisit that and see how that goes.

3 unanswered questions

Related to this post on "turning the corner" and breaking the Republican fever, the third question is Japan and Abenomics.

Abe vs Aso: The Most Important Policy Debate in the World Is Happening in Japan by Yglesias

Maybe Robert Waldmann Should Calm Down by David Glaesner

New label: "The Bet" regarding the Kelton-Woodford-DeLong wager.

The Real World Is Nominal by Yglesias

Fundamentals and Mechanics

Please Internet-Mine Shaft remember this one:

COFFEE WITH STEPHANIE KELTON by DeLong

Were there bets on the Stimulus/ARRA? Don't make the mistake Romer-Bernstein made. What does Mark Zandi say?