Paul Krugman

Paul Krugman @paulkrugman

What I wrote about Olli Rehn back when 2/ https://t.co/JZQ9gXDHWU — PolitiTweet.org

Paul Krugman @paulkrugman

The conversion of former austerians to pro-growth stances is quite remarkable, and to be welcomed 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

RT @ObsoleteDogma: Crypto is the same Austrian economics derp as ever. They’ll say that M2 growth inevitably leads to inflation, then retre… — PolitiTweet.org

Paul Krugman @paulkrugman

Very hard to shoot a zombie in the head — PolitiTweet.org

Paul Krugman @paulkrugman

There's no zombie like a monetary zombie. I'm being inundated with claims that rapid M2 growth always leads to inflation. It's as if the past 40 years never happened https://t.co/S6MqHVXiUs — PolitiTweet.org

Paul Krugman @paulkrugman

Respect? Seriously? Back in 2009 Riedl was invoking Say's Law to claim that stimulus could not, by definition, increase total spending https://t.co/slRW5hXQkY — PolitiTweet.org

Paul Krugman @paulkrugman

Everyone agrees about the meaning of the unexpectedly weak jobs report: it says that what they were saying before, whatever it was, has been completely vindicated — PolitiTweet.org

Paul Krugman @paulkrugman

Can the Fed do what Yellen said it can? Some thoughts https://t.co/u8fuBpys5y — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: .@paulkrugman responded to readers who commented on his column, “Who’s Afraid of the Big Bad Boom?” Read their exchanges he… — PolitiTweet.org

Paul Krugman @paulkrugman

PS: the BLS does its job as well as possible. It just happens to be a hard job in the weird post-pandemic environment 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

Moral of the story: when you get a data point that's at odds with other information, it might — might! — be a data issue, not a real economic issue. The April whiff might be real, it might be problems with seasonal adjustment or something else. Wait and see 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

What we eventually learned was that it was a data artifact: hedonic indices for some imports were overdoing the quality adjustment. Actual import price behavior wasn't especially weird 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

A reminiscence that may be relevant to the jobs number: Back in the late 1980s there was a big puzzle about US import prices. The dollar had fallen sharply, but import prices hadn't gone up. There were many, many papers trying to explain why 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Reminder: Paperback is on sale. Brainnssss! https://t.co/zb4Nr6pMhc — PolitiTweet.org

Paul Krugman @paulkrugman

Monetary zombies making a big comeback. Getting a lot of people saying "M2 is rising! Hyperinflation coming!" Folks, M2 hasn't had a stable relationship to, well, anything for a long time https://t.co/ziR268FvwT — PolitiTweet.org

Paul Krugman @paulkrugman

RT @RonBrownstein: You know, I did a lot of research for this book, but land use policies totally escaped me. I'm not surprised you found t… — PolitiTweet.org

Paul Krugman @paulkrugman

Getting mail from people saying "aren't you looking at copper prices!!!" Why, yes. They also rose a lot during the last recovery, *which I pointed out in the column*, and didn't foreshadow inflation https://t.co/PWOgDrwmNG — PolitiTweet.org

Paul Krugman @paulkrugman

This seems at odds with everything else we're seeing. But do you really want to keep arguing that the Biden stimulus is excessive? https://t.co/eqMq2Ml03g — PolitiTweet.org

Paul Krugman @paulkrugman

Many things contributed to the seminal contributions of the era; but what made it possible was that artists could actually afford to live in LA when real prices were 1/3 of what they are now 2/ https://t.co/bogYhmmYjW — PolitiTweet.org

Paul Krugman @paulkrugman

Just finished Ron Brownstein's excellent portrait of LA culture in 1974, and immediately found myself thinking about ... land use policies 1/ https://t.co/Bx5a90xzVa — PolitiTweet.org

Paul Krugman @paulkrugman

A lumber shortage doth not stagflation make; and treat claims about labor shortage with a grain of salt https://t.co/gDYdWour9Y — PolitiTweet.org

Paul Krugman @paulkrugman

Will Biden's stimulus lead to excessive inflation? An all-star team, mainly at the IMF, says no https://t.co/K5SBuDoxz8 — PolitiTweet.org

Paul Krugman @paulkrugman

Was having a discussion about public perceptions of inflation. The reality is that people basically look at gas prices https://t.co/csKgCDdG6d — PolitiTweet.org

Paul Krugman @paulkrugman

Keeping some perspective on the bumps and blips https://t.co/gDYdWour9Y — PolitiTweet.org

Paul Krugman @paulkrugman

Guys, before asserting that everyone from Janet Yellen to Jay Powell is an idiot and a political tool, maybe take a minute to find out where they're coming from? 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

Also a lot of "If you're OK with transitory inflation, why not with transitory deflation? Huh? Huh?" Well, remember the freakout over the 2014-5 dip in headline inflation? Neither do I 2/ https://t.co/0a5h7bNEnP — PolitiTweet.org

Paul Krugman @paulkrugman

Oh, God: shades of 2011. I'm getting mail from financial types asserting that the concept of transitory inflation makes no sense, and must be stupid and/or corrupt. If only someone would explain what it's all about. Oh, wait 1/ https://t.co/138CyWqKuQ — PolitiTweet.org

Paul Krugman @paulkrugman

"Biden is doing social engineering, forcing women to work! Also giving money to people without forcing them to work!" — PolitiTweet.org

Paul Krugman @paulkrugman

Anyway, it would all be fascinating if democracy weren't on the brink ... 7/ — PolitiTweet.org

Paul Krugman @paulkrugman

My guess, and only that, is that regional divergence does feed the craziness; Trump supporters may or may not be hurting themselves, but they see the Real America in relative decline, and it reinforces their anger over cultural change 6/ — PolitiTweet.org