Paul Krugman

@paulkrugman ↗

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Last Checked April 16, 2021

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Sat Mar 20 20:58:03 +0000 2021

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Paul Krugman @paulkrugman

Apocalypse is always possible, but probably not now. The markets don't expect it; private forecasters don't expect it; of course, they could all be wrong, and so could I. But now we just wait and see 2/ — PolitiTweet.org

Posted March 20, 2021

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Paul Krugman @paulkrugman

Thread. Quite close to my own thoughts. If this were just about stimulus, it's a lot bigger than needed. But it isn't, which is why multipliers are probably low and that's OK. Overheating quite possible; stagflation, ie sustained inflation hard to reverse, unlikely 1/ — PolitiTweet.org

@mattyglesias As someone who agrees with @LHSummers that the stimulus is too big but also agrees with @PaulKrugman… https://t.co/rYfEYFOWSv

Posted March 20, 2021

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Paul Krugman @paulkrugman

Now that the big Biden package has been enacted, we're hearing warnings from some economists — well, one economist — about stagflation. As always, history is extremely useful in thinking about such things; and I've been reviewing the great inflation panic of 2010-11 1/ — PolitiTweet.org

Posted March 21, 2021