Paul Krugman

@paulkrugman ↗

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Last Checked April 24, 2022

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Sun Mar 13 14:57:15 +0000 2022

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Paul Krugman @paulkrugman

The difference was monetary policy: the Fed squeezed hard after 73 and 79, but didn't overreact to later fluctuations 3/ https://t.co/XKyVLOR3qM — PolitiTweet.org

Posted March 13, 2022

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Paul Krugman @paulkrugman

The price of oil in 2022 dollars. The 70s spikes were followed by big recessions. But the 2010-11 spike wasn't, nor were the 85 collapse and 2015 collapses followed by booms 2/ https://t.co/7LNlBxVThG — PolitiTweet.org

Posted March 13, 2022

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Paul Krugman @paulkrugman

This time, unfortunately, we're coming into this with inflation already elevated. But longer-term inflation expectations still seem anchored 4/ https://t.co/pXX5ZjE8IZ — PolitiTweet.org

Posted March 13, 2022