Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 5, 2022

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Thu Nov 18 14:54:28 +0000 2021

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Paul Krugman @paulkrugman

If I have a difference with Jason Furman here, it's about nuance not big picture14/ https://t.co/NCEi3fKv2y — PolitiTweet.org

Posted Nov. 18, 2021

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Paul Krugman @paulkrugman

That said, if the Great Resignation persists and/or if there start to be hints of expected inflation feeding into price-setting, the Fed may want to raise rates, and shouldn't set down markers that it definitely won't.13/ — PolitiTweet.org

Posted Nov. 18, 2021

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Paul Krugman @paulkrugman

Basically, however, don't panic. This isn't 1973, when Nixon's political business cycle interacted with the oil shock to produce stagflation. It's a much more excusable and manageable problem 15/ — PolitiTweet.org

Posted Nov. 18, 2021