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Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 17, 2022

Created

Sun Sep 25 10:48:32 +0000 2022

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217

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31

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Paul Krugman @paulkrugman

No idea whether that's realistic, but yes, fiscal dominance could produce a 1976-type currency crisis 2/ — PolitiTweet.org

Posted Sept. 25, 2022

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Paul Krugman @paulkrugman

I've been getting emails from City economists who agree that balance sheet effects won't be a problem, but are worried that the BoE will not, in fact, offset the fiscal stimulus — that it will in effect monetize deficits 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Thinking more about reactions to the Truss/Kwarteng not-a-budget released Friday. While I yield to nobody in my dis… https://t.co/y17hRuTfJC

Posted Sept. 25, 2022

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Paul Krugman @paulkrugman

Don't want to make too much of one data point. But this is the kind of thing we want to see. Housing is 40% of core CPI, basically keyed off rents (with a lag). A clear leveling off of market rents would be an important argument for a Fed pause https://t.co/s9pIeceCPN — PolitiTweet.org

Posted Sept. 25, 2022

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