Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 4, 2023

Created

Fri Nov 18 22:46:48 +0000 2022

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Paul Krugman @paulkrugman

Not just wrong about Bitcoin, but wrong about gold — its price isn't determined by inflation, but by real interest rates. It surged in the deflationary environment after 2008 because real returns on everything else were low — PolitiTweet.org

Coinbase CEO @brianarmstrong: "I really thought that in a down market, in a high inflation environment, people migh… https://t.co/wwlLiwJMqW

Posted Nov. 18, 2022

Preceded By

Paul Krugman @paulkrugman

Jason's original calc relied only on Zillow, which has lagged the other measures in finding drastic disinflation in rents. — PolitiTweet.org

@paulkrugman BTW, Jason's updated numbers suggest things actually looked better than they seemed a month ago. https://t.co/EaiXsimFCq

Posted Nov. 18, 2022

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Paul Krugman @paulkrugman

OK, gonna start dual-posting on Twitter and Mastodon. Let’s see if this works. 1/ — PolitiTweet.org

Posted Nov. 20, 2022