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Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 4, 2023

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Sun Nov 20 14:55:08 +0000 2022

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Paul Krugman @paulkrugman

Also growing belief that Phillips curve is nonlinear: inflation responds a lot to rising demand when economy running hot, but also probably falls rapidly when economy cools off 5/ — PolitiTweet.org

Posted Nov. 20, 2022

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Paul Krugman @paulkrugman

Shelter in turn dominates various measures of core inflation. GS chart; note that shelter dominates median inflation even when it’s not the median — see note at the bottom 4/ https://t.co/y1wwuByVVf — PolitiTweet.org

Posted Nov. 20, 2022

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Paul Krugman @paulkrugman

Note that if this emerging consensus is right, US economic policy over the past 2 years will look pretty good in hindsight 6/ — PolitiTweet.org

Posted Nov. 20, 2022