Paul Krugman

speaker
467 appearances 13 recordings 5 series first heard Nov 2025 last heard 3 Jun

Paul Krugman’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
8 · Feb OctJan 26AprJulnow

Recordings per month over the last 12 months — 13 in all, peaking in Feb 2026 with 8.

Appearances

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I mean, if the tariffs weren't there, the Fed would probably have lowered rates already and so on.
But it's certainly, it is a
A significant increase in the cost of living, not a gigantic increase in the cost of living, but everybody's cost of living is somewhat higher because of these tariffs.
And, you know, that will go away.
But these other tariffs would also be a tax on on the American people.
And so, yeah.
Well, Paul, we only have about a minute left, but you said that will go away in reference to the cost of living.
And I want to ask you about your confidence there, because when a company raises prices, they tend to be sticky.
Do you have confidence that some of the corporations that have raised prices in response to tariffs actually will lower them?
Well, that's always a question.
But, you know, we have ongoing inflation running at about 3% a year.
So all that has to happen is for companies not to raise prices as much as they would have.
So all of this plays out a little bit over the course of, let's say, a year.
So I don't have much doubt that we will, in fact.
But, of course, if this is a net reduction in tariffs, because Trump is basically proposing a new set of tariffs to make up for the loss of the old ones.
So any consumer relief may be very short-lived here.
A lot of people sold Bitcoin as being the next gold.
And it turns out that in the face of doubts about stability, doubts about politics, the next gold turns out to be gold, not Bitcoin.
I think it's a big wake up for people that maybe this isn't actually going to be an enduring asset.
A lot of people sold Bitcoin as being the next gold.
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