Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked May 15, 2022

Created

Wed Mar 16 18:34:10 +0000 2022

Likes

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

They have to take time to decide to build; make plans; get permits; hire contractors; break ground; and only then do they purchase goods and services. So they get to invest not at today's prices, but at prices some months, maybe >1 year out 10/ — PolitiTweet.org

Posted March 16, 2022

Preceded By

Paul Krugman @paulkrugman

Imagine developers considering borrowing money to build new structures on spec (structures is mainly where Fed policy has traction). They can't take out a loan and convert it into real estate the same day 9/ — PolitiTweet.org

Posted March 16, 2022

Followed By

Paul Krugman @paulkrugman

Inflation that follows the peak of real spending really does reduce the true cost of borrowing; but inflation that occurs before that peak doesn't. So the inflation rate that we should be using to estimate real borrowing costs isn't the inflation rate starting today 11/ — PolitiTweet.org

Posted March 16, 2022