Paul Krugman

@paulkrugman ↗

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Last Checked June 25, 2022

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Sun Apr 24 11:52:06 +0000 2022

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Paul Krugman @paulkrugman

Hmm. An interesting data puzzle. Jason Furman — a very serious guy — has been arguing that US inflation has accelerated much more than Euro area inflation, suggesting a strong role for fiscal policy. I've been accepting that analysis. But ... 1/ — PolitiTweet.org

Posted April 24, 2022

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Paul Krugman @paulkrugman

We don't want to underestimate how tricky this is. But while facile doomsaying may feel emotionally satisfying to the I-told-you-so crowd, it's not helpful. And we need to understand that there's a real risk of overreacting to inflation 4/ — PolitiTweet.org

Posted April 23, 2022

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Paul Krugman @paulkrugman

Menzie Chinn, also a very serious guy, working with much the same data, finds that the rise in relative US inflation is fairly small and not statistically significant 2/ https://t.co/tveSa5vh3x — PolitiTweet.org

Posted April 24, 2022