Paul Krugman

@paulkrugman ↗

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Last Checked May 15, 2022

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Thu Mar 17 17:54:02 +0000 2022

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Paul Krugman @paulkrugman

People won't be surprised that I agree with Brad here. The Fed might be behind the curve, but people who think it's obvious are making what I consider careless parallels with the 70s 1/ — PolitiTweet.org

https://t.co/Fnz0UBYoHy Here is a reason I do not think that the Fed is (far) behind the curve: It seems highly l… https://t.co/QEM1UF3gRP

Posted March 17, 2022

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Paul Krugman @paulkrugman

And eventually the freshly armed IDF was able to go on the offensive. The parallel seems obvious: overpowering but sluggish Russian advance, now huge inflows of Western arms. Not a prediction — really, really not my department. But worth a thought? 3/ — PolitiTweet.org

Posted March 16, 2022

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Paul Krugman @paulkrugman

The big difference between now and the big disinflation of the 1980s is that back then everyone expected high inflation to be more or less permanent. Now you get ridiculed if you say "transitory", but every measure we have says people expect inflation to be ... transitory 2/ — PolitiTweet.org

Posted March 17, 2022