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In 1998, Krugman wrote that the internets impact on the economy will be no greater than the fax machines. In 2021, he completely misunderstood inflation and it
by OrangeMonkey 4y ago
In 1998, Krugman wrote that the internets impact on the economy will be no greater than the fax machines.
In 2021, he completely misunderstood inflation and its impact on America. It is my belief that this is going to be a long, deep, reminder that stocks are risk assets once the fed has done the needful.
He is just a human like us, trying his best, but sometimes I find it hard to take people seriously if they have been this wrong.