Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 27, 2022

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Thu Dec 16 12:26:31 +0000 2021

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Paul Krugman @paulkrugman

I say sort-of pivot because while the Fed has stopped saying "transitory", it still seems to believe that much of the inflation we're currently experiencing will fade away without the need to impose a lot of economic pain 2/ — PolitiTweet.org

Posted Dec. 16, 2021

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Paul Krugman @paulkrugman

My long take on inflation. Timing was fortuitously good — right after the Fed's sort-of pivot, which I was able to incorporate 1/ https://t.co/LwvwHJ6lgv — PolitiTweet.org

Posted Dec. 16, 2021

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Paul Krugman @paulkrugman

One odd thing about this debate is that the actual policy demands of the inflation hawks have been pretty moderate: an end to bond purchases (which I've always supported) and a baseline of fairly modest rate hikes. And that's what the Fed just delivered 3/ — PolitiTweet.org

Posted Dec. 16, 2021