Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked May 3, 2022

Created

Wed Mar 16 18:27:33 +0000 2022

Likes

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

First question is which maturity of rates to look at. The answer there is clearly longish: interest rates mainly matter for long-lived investments, so it's something like the 10-year rate rather than Fed funds that matters for the real economy 7/ — PolitiTweet.org

Posted March 16, 2022

Preceded By

Paul Krugman @paulkrugman

What both market breakevens and consumer expectations say is that people expect high inflation for the next year plus, but receding to something not much above previous normal after that. So how should we think about real interest rates given that? 6/ — PolitiTweet.org

Posted March 16, 2022

Followed By

Paul Krugman @paulkrugman

But even 10-year real rate is very low; does this give a strong incentive to engage in real investment? You need to think about the actual process of real investment. 8/ — PolitiTweet.org

Posted March 16, 2022