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Paul Krugman @paulkrugman

RT @nytopinion: Is inflation a risk? Maybe, but pay no attention to the money supply, says @paulkrugman. https://t.co/cuoEg8hp5z — PolitiTweet.org

Posted May 13, 2021 Retweet
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Paul Krugman @paulkrugman

Looking forward to seeing people's noses without constantly being annoyed that they still haven't figured out how to wear a mask. — PolitiTweet.org

Posted May 13, 2021
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Paul Krugman @paulkrugman

Some bad ideas can be driven away for a while — but they always come back https://t.co/3VRurHJLbp — PolitiTweet.org

Posted May 13, 2021
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Paul Krugman @paulkrugman

RT @DeanBaker13: #CPI overall story largely as predicted, major bounce back in areas like airfares, car insurance, and hotels (up 8.8 perce… — PolitiTweet.org

Posted May 12, 2021 Retweet
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Paul Krugman @paulkrugman

So, the inflation report wasn't a nothingburger, but it was sort of a White Castle slider — not a very big deal. — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

RT @bencasselman: So inflation is picking up in exactly the places we thought it'd pick up, but faster than expected. That seems to do very… — PolitiTweet.org

Posted May 12, 2021 Retweet
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Paul Krugman @paulkrugman

Inflation somewhat higher than expected, but I don't think we should get too worked up about the prices of used cars https://t.co/vR7FnJraS2 — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

Going to be relevant in the months ahead, I suspect 4/ — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

This may sometimes happen under hyperinflation conditions, when everyone is extremely sensitized to any hint of things getting even worse. But totally wrong for an economy with a history of relatively low inflation 3/ — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

The point is not to bash Friedman; it is, instead, that Friedman was pushing the doctrine of immaculate inflation — the idea that a rising money supply leads directly to inflation even if there's a lot of slack in the economy 2/ — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

A forgotten moment in economic discourse: that multi-year period when Milton Friedman kept predicting runaway inflation even as price stability returned 1/ https://t.co/ljDq7fney3 https://t.co/dgGVQc1UwG — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

So while I'll be reading the details, everyone should chill out 5/ — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

But M2 has been an even worse guide than headline inflation 4/ https://t.co/nsk8VcBxTQ — PolitiTweet.org

Paul Krugman @paulkrugman

And M2 (and other monetary aggregates even less) has been a total bust at predicting inflation 2/ https://t.co/dRlGDWqNQn

Posted May 12, 2021
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Paul Krugman @paulkrugman

We'll also, no doubt, be hearing a lot about M2 growth and the hyperinflation it portends. 3/ https://t.co/7ABVgUYgsk — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

But if there's one thing we should have learned from the past 15 years, it is that short-run fluctuations in headline inflation say nothing about underlying forces. Core inflation, by various measures, is a much better guide 2/ https://t.co/qV8EEkRw8H — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

CPI day; everyone expects a big inflation number, possibly higher than the almost 4% YoY in 2011 1/ https://t.co/u7EciD8PU6 — PolitiTweet.org

Posted May 12, 2021
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Paul Krugman @paulkrugman

I've only been skimming the Cheney news; hadn't realized that they're claiming that her problem is not being pro-worker enough. More evidence that no lie is too absurd for the modern GOP https://t.co/rQck7hDCtK — PolitiTweet.org

Posted May 11, 2021
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Paul Krugman @paulkrugman

This is the system Bush tried to impose on America — with many "centrist" pundits cheering him on https://t.co/7ygxV5mZMT — PolitiTweet.org

Posted May 11, 2021
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Paul Krugman @paulkrugman

RT @jchatterleyCNN: US #jobs numbers: "The short technical summary is, what the hell?” @paulkrugman discusses today’s US jobs data, signs… — PolitiTweet.org

Posted May 11, 2021 Retweet
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Paul Krugman @paulkrugman

Surprise, the G.O.P. is still a corporatist party https://t.co/xp6aoRUjSR — PolitiTweet.org

Posted May 10, 2021
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Paul Krugman @paulkrugman

RT @jchatterleyCNN: "A combination of libertarian derp and techno babble." @paulkrugman remains unconvinced by #crypto despite my money pr… — PolitiTweet.org

Posted May 10, 2021 Retweet
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Paul Krugman @paulkrugman

Are there any former Trump officials who aren't completely insane? — PolitiTweet.org

PatriotTakes 🇺🇸 @patriottakes

Peter Navarro states that Dr. Fauci wanted to weaponize COVID-19 and that he is the father of the virus. Navarro st… https://t.co/PMXN74Hbhc

Posted May 10, 2021
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Paul Krugman @paulkrugman

Hey, that's not how it's supposed to work! You're supposed to win over voters by appealing to their fears and prejudices, not by, you know, actually doing a good job https://t.co/AMnaSlmEcP — PolitiTweet.org

Posted May 10, 2021
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Paul Krugman @paulkrugman

Nobody is quite sure what lies behind the April jobs miss. Bad seasonal adjustment? Labor supply issues? But if it was unemployment benefits, you'd expect the miss to be biggest in low-wage sectors, where UI has biggest impact. Reality: https://t.co/eJUtNgO4b2 — PolitiTweet.org

Posted May 10, 2021
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Paul Krugman @paulkrugman

If you're going to assert that the Fed and most applied macroeconomists are idiots, maybe read a bit and look at some data first? 3/ — PolitiTweet.org

Posted May 9, 2021
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Paul Krugman @paulkrugman

And M2 (and other monetary aggregates even less) has been a total bust at predicting inflation 2/ https://t.co/dRlGDWqNQn — PolitiTweet.org

Posted May 9, 2021
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Paul Krugman @paulkrugman

So, hearing many monetary rants (a) denouncing core inflation (b) insisting that money supply determines inflation. But core inflation is a concept that has been immensely successful at extracting signal from noise 1/ https://t.co/gHAsI97VYQ — PolitiTweet.org

Posted May 9, 2021
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Paul Krugman @paulkrugman

A lot of German exports are what would be interstate trade in the US. How would it compare with East North Central US, including exports to other US regions? — PolitiTweet.org

Adam Tooze @adam_tooze

Germany and Korea are three times more dependent on exports to drive their economies than the USA. @bcaresearch via… https://t.co/HMJUPyUBfO

Posted May 9, 2021
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Paul Krugman @paulkrugman

And again, childcare is nasty social engineering bc it's trying to force women to work; also, we're going to impose extreme hardship to force people to work 2/ — PolitiTweet.org

Posted May 9, 2021
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Paul Krugman @paulkrugman

Tell me again about how the GOP is now the party of the working class https://t.co/lWGNQaokxv — PolitiTweet.org

Posted May 9, 2021