Paul Krugman

@paulkrugman ↗

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Last Checked July 27, 2022

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Wed Jun 29 16:37:46 +0000 2022

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Paul Krugman @paulkrugman

To say what I always say, usually to no avail, not saying that the market is right. Only that there is no sign of persistent inflation getting entrenched in expectations 3/ — PolitiTweet.org

Posted June 29, 2022

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Paul Krugman @paulkrugman

The 1Y5Y rate is market-based expectations for the 5 years starting 1 year from now. It's currently 2.32% — basically the Fed's target, given spread btw PCE and CPI. Basically the market now expects inflation to be ... transitory 2/ — PolitiTweet.org

Posted June 29, 2022

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Paul Krugman @paulkrugman

Undoing Roe is awful. Kneecapping environmental regulation is existential. This Supreme Court has just come down on the side of civilizational collapse. — PolitiTweet.org

Posted June 30, 2022