Paul Krugman

@paulkrugman ↗

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Last Checked April 16, 2021

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Sun Mar 29 13:20:48 +0000 2020

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Paul Krugman @paulkrugman

And as in the 2008 crisis, my inbox is full of people warning that the Fed's efforts to stabilize markets amount to massive money-printing and will lead to runaway inflation; also that budget deficits will bankrupt us. So a bit of wonkery on why that's all wrong 2/ — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

In many ways the coronacession is very different from earlier slumps. Still, as Adam Tooze says, "much of what’s happening in financial markets today seems incredibly familiar to anyone who spent a lot of time in the 2007-’08 story and its aftermath." 1/ https://t.co/ktMdCGOIWU — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

On the monetary side, you really shouldn't think of the Fed as "printing money." What it's really doing is recycling money that is trying to flee into safe havens, with potentially disastrous effects 3/ — PolitiTweet.org

Posted March 29, 2020 Hibernated