Paul Krugman

@paulkrugman ↗

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Last Checked July 8, 2022

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Tue May 31 18:38:34 +0000 2022

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Paul Krugman @paulkrugman

And euro area unemployment actually below pre-pandemic. Maybe more like us that we think? 2/ https://t.co/pXofOFOJGP — PolitiTweet.org

I'm off giving various talks in Europe, and doing some homework. It seems to me that there's a widespread (among wo… https://t.co/n43FLBA0jp

Posted May 31, 2022

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Paul Krugman @paulkrugman

Maybe — but not sure we understand Euro wage numbers that well. Notable that core inflation in euro area, as conventionally defined, was 3.8% over the past year, which would normally suggest some overheating. Not a criticism; just a statement of uncertainty. 1/ — PolitiTweet.org

The biggest contrast between the US and the Euro area is nominal wage growth. Using OECD numbers through Q4 (which… https://t.co/0NmbxMCNkx

Posted May 31, 2022

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Paul Krugman @paulkrugman

Using Twitter to post a calculation, for possible hyperlinking. German gasoline prices 12/21/20: 1.28 euros per liter, euro = $1.22, 3.785 l/gal. So $5.91/gal (taxes!). By 5/23/22, 2.15, 1.07, so $8.71, a $2.80 rise 1/ https://t.co/LNbTyHUFRb — PolitiTweet.org

Posted June 2, 2022