Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 28, 2021

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Thu Sep 09 16:08:11 +0000 2021

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Paul Krugman @paulkrugman

Historically, we've had episodes of high inflation that didn't get built in, and faded quickly; the 70s was exceptional 2/ https://t.co/LEd6MiFWRz — PolitiTweet.org

Posted Sept. 9, 2021

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Paul Krugman @paulkrugman

Ricardo Reis is asking the right question: the current rate of inflation, or even the rate over the next year plus, matters less than whether pricing behavior starts to build in expectations of future inflation 1/ https://t.co/Y50xji6QA8 — PolitiTweet.org

Posted Sept. 9, 2021

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Paul Krugman @paulkrugman

But how can we tell? Not sure that surveys are the best or at least only approach. Suggestion: look at price- and wage-setting behavior 3/ — PolitiTweet.org

Posted Sept. 9, 2021