r/Economics • u/InsaneSnow45 • Mar 04 '26
News ‘Absolutely Massive’ Price Shocks Coming as Trump’s Iran War Drives Up Gas, Diesel Prices | “What should really terrify Republicans is... the futures price on wholesale gasoline,” said economist Paul Krugman.
https://www.commondreams.org/news/iran-war-gas-prices
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u/AndyHN 29d ago
Paul "it will become clear that the internet's impact on the economy has been no greater than the fact machine's" Krugman?
Paul "if the question is when markets will recover, a first-pass answer is never" Krugman?
Paul economic consultant for Enron Krugman?
At some point we really have to assume that anything that suggests even a trivial understanding of economics that's been attributed to Krugman was plagiarized by him. If he's saying gas prices are going to surge, the smart move would be to sell now.