Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 1, 2021

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Thu Sep 09 16:15:27 +0000 2021

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Paul Krugman @paulkrugman

Just in general, I don't get the sense that price- and wage-setters are acting as if they expect sustained inflation ahead. Which means that we are not reliving the 70s. 7/ — PolitiTweet.org

Posted Sept. 9, 2021

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Paul Krugman @paulkrugman

Presumably firms reluctant to offer across-the-board wage increase because they don't expect economy-wide wages to keep increasing, and don't want to lock in higher costs 6/ — PolitiTweet.org

Posted Sept. 9, 2021

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Paul Krugman @paulkrugman

I still think it would take protracted overheating to bring stagflation back. And that still doesn't look likely 8/ — PolitiTweet.org

Posted Sept. 9, 2021