Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 26, 2022

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Wed Dec 15 20:18:02 +0000 2021

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Paul Krugman @paulkrugman

Is wage growth an important contributor to inflation? Is inflation a major contributor to wage growth? NOT the same question — and you need to answer "yes" to both to have a wage-price spiral. Not saying that it can't happen, but important to be clear what to worry about. — PolitiTweet.org

Posted Dec. 15, 2021

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Paul Krugman @paulkrugman

Yes — PolitiTweet.org

Is "related to the pandemic and the reopening of the economy" just another way of saying transitory?… https://t.co/6hjBtpqf6H

Posted Dec. 15, 2021

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Paul Krugman @paulkrugman

Reading the Fed statement, and its careful avoidance of the T-word, I wonder if some linguistic help might be in order. Maybe henceforth refer to inflation as "fugacious"? https://t.co/ZB97auNsAm — PolitiTweet.org

Posted Dec. 15, 2021