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Paul Krugman
pkrugman.bsky.social
did:plc:vl7iw2awdpm72srjve3f4fj2
Exactly. What we've seen here is a sort of upbeat version of Dornbusch's Law: the positive supply shock Team Transitory predicted took longer to come than anyone imagined, but then came faster than anyone imagined. 1/
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2023-12-23T12:30:50.816Z