Paul Krugman

@paulkrugman ↗

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Last Checked July 3, 2020

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Thu May 02 15:21:37 +0000 2019

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Paul Krugman @paulkrugman

The logic behind the core measure is very clear and has been explained many times over the years. Here's my version. Happily, we never did slide into Japan-style deflation, but the argument stands 2/ https://t.co/1iMXZWocjv — PolitiTweet.org

Posted May 2, 2019 Hibernated

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Paul Krugman @paulkrugman

Moore isn't just a hack; he's stone-cold ignorant. If you do macroeconomics, you might say that you don't agree with the logic behind using core inflation. Having no idea why the Fed uses it is inexcusable 1/ — PolitiTweet.org

The idea of core inflation is one of the most important things for the Fed to take into account. Stephen Moore adm… https://t.co/Zj6YjLehID

Posted May 2, 2019 Hibernated

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Paul Krugman @paulkrugman

And the Fed's view that core inflation is a much better guide to underlying inflation pressures than the headline number including commodity prices has been overwhelmingly validated. Compare headline inflation with core since 2005: 3/ https://t.co/selH6Fyo4R — PolitiTweet.org

Posted May 2, 2019 Hibernated