Paul Krugman

@paulkrugman ↗

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Last Checked June 5, 2020

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Fri Apr 12 15:28:17 +0000 2019

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Paul Krugman @paulkrugman

Of course, they didn't demand monetary expansion during the commodity price dip of 2015-6 – only GOP presidents get expansionary monetary policy. Still, let's act as if they were sincere. Surely the failure of runaway inflation to materialize should have provoked rethinking 4/ — PolitiTweet.org

Posted April 12, 2019 Hibernated

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Paul Krugman @paulkrugman

Republicans gave the Fed huge grief over that view. During the period 2010-2012, when commodity prices were rising due to global recovery, they kept insisting that this was a sign of imminent runaway inflation requiring tight money 3/ https://t.co/zqEyy93uu1 — PolitiTweet.org

Posted April 12, 2019 Hibernated

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Paul Krugman @paulkrugman

In fact, the concept of core inflation is one of the economic doctrines that – along with the liquidity trap and the Keynesian multiplier – came through the post-crisis years with flying colors. But there has been no reckoning on the right 5/ — PolitiTweet.org

Posted April 12, 2019 Hibernated