Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2021

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Sat Jun 19 13:50:49 +0000 2021

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Paul Krugman @paulkrugman

But last week's FOMC statement plus the "dot plot", while not extremely hawkish, suggested an institution aware that inflation might become a risk and willing to act if necessary 6/ https://t.co/oQzEpPDPJ8 — PolitiTweet.org

Posted June 19, 2021

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Paul Krugman @paulkrugman

The other inflation story was that the economy would overheat as a result of big fiscal stimulus, and that the Fed — dead set on maximizing employment — would ignore the warning signs and let inflation get embedded. 5/ — PolitiTweet.org

Posted June 19, 2021

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Paul Krugman @paulkrugman

I never expected the supply-chain issues to be more than transitory, or the Fed to be irresponsible. But if you were worried about either possibility, this past week should have reassured you. Runaway inflation isn't coming 7/ — PolitiTweet.org

Posted June 19, 2021