Paul Krugman

@paulkrugman ↗

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Last Checked May 11, 2021

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Wed Apr 21 11:41:08 +0000 2021

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Paul Krugman @paulkrugman

Chart 2/ https://t.co/NooZbL85Jc — PolitiTweet.org

Posted April 21, 2021

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Paul Krugman @paulkrugman

Thinking some more about this: what do consumer expectations about inflation really tell us? The answer is, they're mainly about the *current* price of oil 1/ https://t.co/C95uYEjM7v — PolitiTweet.org

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

Posted April 21, 2021

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Paul Krugman @paulkrugman

One interpretation is that when people answer questions about inflation, they're really telling the survey whether they think the cost of living is currently high. In any case, consumer inflation expectations obviously haven't been a good predictor 3/ — PolitiTweet.org

Posted April 21, 2021