Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 10, 2022

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Sun Sep 04 14:09:26 +0000 2022

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Paul Krugman @paulkrugman

As it is, however, I'm making the case that *even if* you believe the orthodoxy, we can have a fairly soft landing that doesn't impose massive suffering 6/ — PolitiTweet.org

Posted Sept. 4, 2022

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Paul Krugman @paulkrugman

Now maybe the whole expectations-augmented Phillips curve story is wrong, and we don't need *any* rise in unemployment to bring this inflation down. I'd love to see a clear model — and feasible policy ideas — for achieving that 5/ — PolitiTweet.org

Posted Sept. 4, 2022

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Paul Krugman @paulkrugman

Oh, and I have no idea what u*, if it exists, actually is; nor do I think Fed policy should be based on an estimate thereof. I'm for gradual rate hikes until there are clear signs of slowing underlying inflation. 7/ — PolitiTweet.org

Posted Sept. 4, 2022