Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 14, 2022

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Thu Jul 14 14:41:21 +0000 2022

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Paul Krugman @paulkrugman

I actually don't understand where that number comes from. Inflation protected bond coming due July 15 2023 yielding ~-.3; 1-year nominal rate ~3.2. So shouldn't year-ahead be around 3.5? — PolitiTweet.org

Can someone explain to me why the market went from pricing in 5% year-ahead inflation to 1.7% year-ahead inflation?… https://t.co/0LUMJVXM4N

Posted July 14, 2022

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Paul Krugman @paulkrugman

Even worse than that. Different growth and employment numbers telling different stories. Wrote about this Tuesday https://t.co/kbbG0bgWBi — PolitiTweet.org

If you're not a little confused about the economy you're not paying attention. Three of many historically large dis… https://t.co/PshgU9bEvq

Posted July 14, 2022

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Paul Krugman @paulkrugman

Straw man? Not long ago markets thought bitcoin was worth 70K. I use market pricing as (a) one indication of whether inflation expectations getting entrenched (b) as a challenge: if ur view is very different, you should think about why — PolitiTweet.org

A year ago financial market pricing expected 2.4% inflation over the following 12 months. We got 9.1% inflation.… https://t.co/cWptKZ6VXa

Posted July 14, 2022