Paul Krugman @paulkrugman
What this means, I think, is that a lot of recent measured inflation is a lagged reflection of the pandemic shift in housing demand. Responding to this with draconian monetary policy creates huge risks — PolitiTweet.org
Diane Swonk @DianeSwonk
The Fed is now playing catch up on inflation, a portion of which may be more secular than cyclical in nature. That… https://t.co/Q5LMGWrFKs
