Paul Krugman: I Was Wrong About Inflation

EXCERPT:

BRZEZINSKI: "We are joined by Nobel Prize-winning economist Paul Krugman. He's an opinion columnist for 'The New York Times' and he has two now pieces about two of the most pressing issues facing the country and the world right now. On climate change, he says climate politics are worse than you think. And on inflation, Paul says he was wrong about the issue. Paul let’s start with that. Welcome back to the show. Tell us about your piece and what did you think -- what did you think you got wrong?"
KRUGMAN: "Well, partly it's that there is stuff that I didn’t -- that nobody saw coming. Nobody saw --"
BRZEZINSKI: "Right."
KRUGMAN: "-- Putin invading Ukraine. I think nobody thought about logistic supply chains or any of that stuff until suddenly it became a big problem.”