Paul Krugman

@paulkrugman ↗

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Last Checked Feb. 15, 2022

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Sun Jan 09 14:37:21 +0000 2022

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Paul Krugman @paulkrugman

Obviously if even the three-month inflation rate is still running hot, which might happen, this won't be an issue. But the point is that the data will need a lot of interpreting (and there will be endless arguments about the interpretation) 4/ — PolitiTweet.org

Posted Jan. 9, 2022

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Paul Krugman @paulkrugman

In that case you could have headlines shrieking "eek! inflation" while the right read should be that the Fed has successfully engineered a soft landing. 3/ — PolitiTweet.org

Posted Jan. 9, 2022

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Paul Krugman @paulkrugman

Another Kindleberger quote about the balance of payments (from memory): "People always want a number, but you can't just give a number, you have to tell a story." 5/ — PolitiTweet.org

Posted Jan. 9, 2022