Paul Krugman

@paulkrugman ↗

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Last Checked June 25, 2022

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Sun Apr 24 11:53:36 +0000 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

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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

Fwiw, Chinn's data seem to suggest that there was a substantial divergence in mid-2021 that has largely gone away. This is core inflation, so it's not just Russian gas 3/ https://t.co/8RouRsSZ5l — PolitiTweet.org

Posted April 24, 2022