Paul Krugman

@paulkrugman ↗

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Last Checked April 27, 2021

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Sun Apr 11 12:00:01 +0000 2021

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Paul Krugman @paulkrugman

Where we are now is that what looks like rapid economic recovery will run into bottlenecks that cause some prices to rise quickly — and temporarily. That is, it won't represent a rise in underlying inflation, it will just be a blip 2/ — PolitiTweet.org

Posted April 11, 2021

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Paul Krugman @paulkrugman

So, will this be Inflation Freakout Week? Maybe, or maybe it will wait a month or two. But soon we'll be seeing some big headline price rises — and it will be important to put them in context. Even if you're worried about a long hot Summers of overheating, this won't be it 1/ — PolitiTweet.org

Posted April 11, 2021

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Paul Krugman @paulkrugman

A fairly recent historical precedent: early 2008, when rising global demand hit bottlenecks in commodity production. Commodity prices really surged 3/ https://t.co/R6ETWzKwlT — PolitiTweet.org

Posted April 11, 2021