Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2021

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Sun May 03 14:10:29 +0000 2020

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Paul Krugman @paulkrugman

We saw the same thing, although not on the same scale, in 2008-9 as bond spreads temporarily soared 3/ https://t.co/qD6mIji19w — PolitiTweet.org

Posted May 3, 2020 Hibernated

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Paul Krugman @paulkrugman

In particular, I see people pointing to a surge in the money supply as a harbinger of inflation, which is really off-point in a financial crisis 2/ https://t.co/1xMZFnM3Pf — PolitiTweet.org

Posted May 3, 2020 Hibernated

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Paul Krugman @paulkrugman

This was *not* the Fed exogenously rolling the printing presses. It was private investors fleeing into the haven of presumably safe assets — funds that accumulated as excess bank reserves, which the Fed recycled back into the economy via quantitative easing 4/ — PolitiTweet.org

Posted May 3, 2020 Hibernated