Paul Krugman

@paulkrugman ↗

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Last Checked May 20, 2022

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Thu Mar 24 15:26:51 +0000 2022

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Paul Krugman @paulkrugman

So a relatively soft landing is still very much possible. The Fed's belief that it can happen without any uptick in unemployment is dubious. But if you're going to tell 70s scare stories, get the history right 4/ — PolitiTweet.org

Posted March 24, 2022

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Paul Krugman @paulkrugman

Nothing like that is happening now. Large wage increases for some workers, but it's just supply and demand, not expected future inflation. Medium-term inflation expectations mostly anchored — rising breakevens mainly reflect current oil shock 3/ — PolitiTweet.org

Posted March 24, 2022

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Paul Krugman @paulkrugman

Completely outside my lane, but the Ukraine war news seems both encouraging and scary. Encouraging because balance of forces clearly swinging in Ukraine's favor: massive influx of Western weapons and enthusiastic recruitment, versus RU attrition and demoralization 1/ — PolitiTweet.org

Posted March 24, 2022