Paul KrugmanOne thing I've been noticing in my correspondence is how many people think inflation is still running wild; the big deceleration in the 2nd half of 2022 hasn't broken through to public consciousness 1/
marca56@pkrugman I think you should also make clear that it’s a RATE and costs trail the rate, and there are other factors like greed, or profiteering, going on that make the changes lag even when the rate is now back to pre-Pandemic levels.