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NY Times’ Paul Krugman says ‘inflation is over’ — if you exclude food, gas and rent
Paul Krugman’s assertion that “the war on inflation is over” if you exclude food, energy, shelter, and used cars is being mocked online. The Nobel Prize-winning economist and New York Times columnist posted the comment on his X social media account on Thursday. “The war on inflation is over,” Krugman wrote in the caption, adding: “We won, at very little cost.” Krugman attached a graph titled “CPI ex food, energy, shelter and used cars” that showed a declining rate stretching from 7% in January of last year to slightly below 2% in September. The reaction on X to Krugman’s post was scathing, with ... (full story)
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