Paul Krugman

@paulkrugman ↗

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Last Checked May 24, 2022

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Fri Mar 25 15:16:23 +0000 2022

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Paul Krugman @paulkrugman

The question isn't whether Mr. Market is right. The point is that the bond market, like consumer surveys, is telling us that people expect a bad year (and so do I!) — not that longer-term expectations have gotten unanchored 5/ — PolitiTweet.org

Posted March 25, 2022

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Paul Krugman @paulkrugman

At the right end, 1-year rates up to 1.5 and yields on index bonds coming due slightly over 1 year from now -4.1 => ~5.6 percent expected inflation over the next year. That jump in next-year expectations explains most of the rise in 5-year expectations 4/ — PolitiTweet.org

Posted March 25, 2022

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Paul Krugman @paulkrugman

I can't be the only one noticing that Putin's response to failure in Ukraine is extremely Trumpian. 1. Deny that anything has gone wrong 2. Insist that your own decisions have always been perfect 3. Whine about cancel culture Tough guys, both — PolitiTweet.org

Posted March 25, 2022