Paul Krugman

@paulkrugman ↗

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Last Checked April 16, 2021

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Sun Mar 21 13:34:10 +0000 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

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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

My sense is that this episode has been widely forgotten, but it's very relevant. Here's what happened: as the economy began to recover from the 2007-9 recession, headline inflation picked up to almost 4% 2/ https://t.co/gldWlbQ8TN — PolitiTweet.org

Posted March 21, 2021