Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2022

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Sat Feb 19 14:19:30 +0000 2022

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Paul Krugman @paulkrugman

There are many scary aspects to the current situation; indeed, if you aren't terrified you aren't paying attention. But lately I've been getting mail and seeing articles warning about a huge risk that isn't: runaway inflation when people spend all the money the Fed has printed 1/ — PolitiTweet.org

Posted Feb. 19, 2022

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Paul Krugman @paulkrugman

Joe Gagnon and I seem to have written more or less the same article. Which is a good thing! — PolitiTweet.org

I think the Fed will succeed in fighting inflation without causing a recession. It is probably a bit too optimistic… https://t.co/BO97CPE5uX

Posted Feb. 18, 2022

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Paul Krugman @paulkrugman

It's true that M2 has risen >40% since the start of the pandemic — and the worriers say that this would have been highly inflationary if the velocity of money hadn't fortuitously declined. But hey, I can beat that 2/ — PolitiTweet.org

Posted Feb. 19, 2022