Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked Feb. 16, 2023

Created

Sun Jan 01 13:07:45 +0000 2023

Likes

1,012

Retweets

239

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

A very good point from Olivier, but the replies make it clear that many people don't get it. Maybe an old analogy can help clarify 1/ — PolitiTweet.org

1/8. A point which is often lost in discussions of inflation and central bank policy. Inflation is fundamentally t… https://t.co/papcjOWMDc

Posted Jan. 1, 2023

Preceded By

Paul Krugman @paulkrugman

RT @ojblanchard1: 1/8. A point which is often lost in discussions of inflation and central bank policy. Inflation is fundamentally the out… — PolitiTweet.org

Posted Jan. 1, 2023 Retweet

Followed By

Paul Krugman @paulkrugman

I think this came from Martin Baily in the 70s. Anyway, one way to think about inflation is that it's like a sports event where everyone stands up to get a better view of the action — which is collectively self-defeating 2/ — PolitiTweet.org

Posted Jan. 1, 2023