パウ兄 wrote a post · May 20, 2023 06:13

Professor Paul Krugman suggests the feasibility of a soft landing.

⭐️The latest considerations on inflation and unemployment by Professor Paul Krugman, the winner of the 2008 Nobel Prize in Economics.

Soft landing is possible.

I predict a new normal with an unemployment rate of 4% and an inflation rate of 3%.

The job market is very strong, so even if the unemployment rate temporarily rises, there will not be much hardship. Although the inflation rate is exceeding the target, it is at a level that the Federal Reserve can tolerate based on past experience, so even if it persists longer than desired by the FRB, it will not be a disaster. Unless there is a hard landing, the economy after the recession will see a remarkable recovery.

Pau imagined this scenario and feels reassured to share it with everyone, just like Professor Krugman.

Investing in the US continues to be the most effective long-term investment option, Pau.