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He says it most clearly right here: https://twitter.com/paulkrugman/status/1573656086716071937 https://twitter.com/paulkrugman/status/1573656086716071937 "The
by darawk 4y ago
He says it most clearly right here:
https://twitter.com/paulkrugman/status/1573656086716071937 https://twitter.com/paulkrugman/status/1573656086716071937
"The moron risk premium has now been priced in". That is, he believes the currency depreciation is substantially over.
He is also saying the thing you're reading him as saying too though.
- candybar 4y agoGBP/USD hasn't moved substantially in either direction since Krugman's tweets.