Correctly predicting Eurozone lowflation
Paul Krugman mentions Eurozone lowflation today ...
So how’s [the Eurozone] going? Terribly. Despite QE, euro area core inflation is stuck below 1 percent.
Basically, as I predicted back in January [note: this was on 8 Jan 2015, even before Draghi's announcement of additional QE on 22 Jan 2015] of this year.
Here's an updated graph of the information equilibrium model with the new data:
