Paul Krugman

@paulkrugman ↗

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Last Checked May 15, 2022

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Thu Mar 17 18:03:16 +0000 2022

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Paul Krugman @paulkrugman

On the supply side, inflation probably isn't baked into wage- and price-setting yet, so that we probably don't need a large bulge of excess employment to bring inflation down 6/ — PolitiTweet.org

Posted March 17, 2022

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Paul Krugman @paulkrugman

So expected inflation is somewhat elevated over the medium to long term, but mostly that appears to reflect higher inflation over the next year or 2 — that is, expected inflation is front-loaded in a way it wasn't back then. This matters for both supply and demand 5/ — PolitiTweet.org

Posted March 17, 2022

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Paul Krugman @paulkrugman

I tried to write about the demand side yesterday, but I suspect nobody understood my point. So here's another try 7/ https://t.co/DH4XgwS0o0 — PolitiTweet.org

Jason is right to talk about real interest rates, but I think we need to be especially cautious in interpreting the… https://t.co/clJR1QneVW

Posted March 17, 2022