These are two great tweets from Nouriel Roubini.
He tweeted these stories last night, and they get to the core economic challenge of the moment.
On the one hand, there’s widespread concern that financial markets are booming and bubbles are forming, especially in real estate, and that all this is a threat to financial stability.
On the other hand, there’s worry about super-low inflation, and the ongoing risk of outright deflation if policymakers don’t keep pressing down on the stimulus.
What’s a central banker to do.