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Schrodinflation: Healthcare Costs Are Either Soaring Or Flat, Depending On How They Are Measured

Following Yellen's Friday speech, the phrase "High-Pressure Economy" has attained something of a viral status within the economist community. And while there is little risk of US economic growth, much of its supported by mandatory spending on Obamacare which now feeds directly into GDP as a component of "healthcare spending", hitting an even remotely "high-pressure" state, with both Q3 and Q4 GDP expected to print below 2% according to regional Fed forecasts, one place where there is substantial "high pressure", is in inflation.
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