Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked July 24, 2022

Created

Sun Jun 26 12:25:36 +0000 2022

Likes

401

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

At this point every measure I'm aware of suggests that the public expects inflation to be high in the near future, but then fade away. Big contrast with 1980, when Volcker was bringing on the pain 5/ — PolitiTweet.org

Posted June 26, 2022

Preceded By

Paul Krugman @paulkrugman

So there was a big fuss when the long-standing Michigan Survey seemed to show a jump in 5-10 inflation expectations — Powell cited it in justifying the latest Fed hike. But it was a false alarm. Most of the bump has been revised away. 4/ — PolitiTweet.org

Posted June 26, 2022

Followed By

Paul Krugman @paulkrugman

Here's 1 and 5 year expected inflation in 1980, from Michigan survey, and in 2022 from both that survey and bond market breakevens 6/ https://t.co/cEiziTGzIx — PolitiTweet.org

Posted June 26, 2022