Paul Krugman

@paulkrugman ↗

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Last Checked May 24, 2022

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Sun Mar 27 17:36:19 +0000 2022

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Paul Krugman @paulkrugman

And as I keep arguing, the relevant expected rate of inflation isn't the 10-year rate — it's something like the 10 year 1 year forward, because near-term inflation due to oil and food isn't relevant to investment 3/ https://t.co/owU6FyiZx3 — PolitiTweet.org

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

Posted March 27, 2022

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Paul Krugman @paulkrugman

But with all the talk about being behind the curve on inflation, I wonder whether people are now getting behind the curve on a likely slowdown in aggregate demand. The real interest rates that matter for investment are rising fast 2/ https://t.co/E2QwlfJwlc — PolitiTweet.org

Posted March 27, 2022

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Paul Krugman @paulkrugman

Fiscal policy is turning contractionary 4/ https://t.co/IPvtdjhyVn — PolitiTweet.org

Posted March 27, 2022