Paul Krugman

@paulkrugman ↗

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Last Checked July 24, 2022

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Sun Jun 26 12:27:31 +0000 2022

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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

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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

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Paul Krugman @paulkrugman

Oh, forgot to mention that there was also a brief scare over breakevens, but it went away 7/ https://t.co/5bhn02yVdC — PolitiTweet.org

Posted June 26, 2022