Paul Krugman

@paulkrugman ↗

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Last Checked June 19, 2022

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Sun Apr 17 12:42:10 +0000 2022

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Paul Krugman @paulkrugman

So this looks like an economy in which inflation shot up mostly because of special temporary shocks, but also bc of overheating; but policymakers are acting to cool things down, and both markets and consumers believe they will succeed. Why, then, the catastrophe talk? 7/ — PolitiTweet.org

Posted April 17, 2022

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Paul Krugman @paulkrugman

But that's exactly what the Fed is doing. The Fed funds rate is still near zero, but that's irrelevant; the shift toward tightening has already led to large rises in the interest rates that are relevant to real investment spending 6/ https://t.co/JOHmKmSfwg — PolitiTweet.org

Posted April 17, 2022

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Paul Krugman @paulkrugman

But Ted Cruz said they were superior because their military isn’t woke — PolitiTweet.org

At the root of Russian atrocities in Ukraine: a brutal culture of cruelty is embedded in Russia's military, where v… https://t.co/9JfnytWBvQ

Posted April 17, 2022