Paul Krugman

@paulkrugman ↗

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Last Checked Feb. 15, 2022

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Sat Jan 15 12:48:20 +0000 2022

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Paul Krugman @paulkrugman

It would be cause for alarm if the Biden administration were planning to use attacks on corporate greed as its principal inflation-fighting strategy, or proposing to act irresponsibly. But it isn't 3/ — PolitiTweet.org

Posted Jan. 15, 2022

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Paul Krugman @paulkrugman

Let's stipulate two things. 1. Monopoly is a real issue and problem in the US economy. 2. It is not, however, a major reason for the acceleration of inflation in 2021, nor can a crackdown on monopoly do a lot to bring inflation down. But what does that tell us? 2/ — PolitiTweet.org

Posted Jan. 15, 2022

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Paul Krugman @paulkrugman

For the most part, taming inflation is now up to the Fed, and there's no hint that this administration (unlike Trump's!) will try to deter the Fed from raising rates if it chooses. Supply-chain measures may also help, and are continuing 4/ — PolitiTweet.org

Posted Jan. 15, 2022