Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked Nov. 21, 2022

Created

Tue Nov 23 18:24:04 +0000 2021

Likes

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

The BIS estimates that bottleneck effects have added more to US than euro area inflation. Not clear why; some arguments that the prepandemic US economy was run with more extreme cost-cutting and smaller margins 4/ — PolitiTweet.org

Posted Nov. 23, 2021

Preceded By

Paul Krugman @paulkrugman

Europe came in to this with lower inflation than we did — ECB was less successful at achieving a 2% target. This baseline effect accounts for part of the difference 3/ — PolitiTweet.org

Posted Nov. 23, 2021

Followed By

Paul Krugman @paulkrugman

Beyond that, BIS estimates that bottleneck effects bigger here than in Europe. Maybe US cost-cutting more intense, smaller margins for error? 4/ — PolitiTweet.org

Posted Nov. 23, 2021