Paul Krugman

@paulkrugman ↗

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Last Checked July 15, 2022

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Fri Jun 17 17:01:28 +0000 2022

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Paul Krugman @paulkrugman

It's unfair — but it's also possible that the unfairness may soon be cutting the other way. Underlying inflation will probably be slow to respond to Fed tightening; other prices may fall much faster, for a variety of reasons 4/ — PolitiTweet.org

Posted June 17, 2022

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Paul Krugman @paulkrugman

And here's the thing: the political backlash is mostly about the stuff that can't be blamed on policy, especially gasoline. Republicans would still be going on about $5 gas even if there had never been a fiscal stimulus 3/ — PolitiTweet.org

Posted June 17, 2022

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Paul Krugman @paulkrugman

We keep hearing about retailers who overreacted to supply chain problems, and are about to cut prices to shed excess inventory. Energy prices may fall despite Russia/Ukraine because of global slowing etc. 5/ — PolitiTweet.org

Posted June 17, 2022