Paul Krugman

@paulkrugman ↗

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Last Checked June 4, 2021

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Tue May 04 12:24:42 +0000 2021

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Paul Krugman @paulkrugman

Everything, and I mean everything, we've seen in the past few decades says that such blips needn't translate into sustained inflation 3/ https://t.co/YCKCz0Aves — PolitiTweet.org

Posted May 4, 2021

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Paul Krugman @paulkrugman

Not saying that inflation couldn't be a problem. But the data we're getting now are all about "bottleneck" price rises as the economy surges after a shutdown — which is exactly the kind of inflation you expect to be transitory 2/ — PolitiTweet.org

Posted May 4, 2021

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Paul Krugman @paulkrugman

Maybe this time will be different. But we'll need some real evidence. Rising lumber prices etc are more or less irrelevant to the important question; and central banks that have reacted to inflation blips have been uniformly sorry in the past 4/ — PolitiTweet.org

Posted May 4, 2021