
Paul Krugman @paulkrugman
What happened was a spike in commodity prices that consumers noted and inflation derpers seized on. Consumer inflation expectations often reflect oil — PolitiTweet.org
Adam Tooze @adam_tooze
Gotta admit I was not aware of this sharp spike in inflation expectations in the US in early 2011. Is this the infl… https://t.co/Bj5XY7aHP9