Keynesian economist Paul Krugman once claimed inflation does not hurt the poor, only the wealthy.
Business News
It’s True, Krugman, Inflation Hurts the Poor – Swamponomics
Four years later, Paul Krugman is still wrong.
PublishedAug 21, 2025
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Andrew Moran
Economics Editor
Economics Editor at LibertyNation.com. Andrew has written extensively on economics, business, and political subjects for the last decade. He also writes about economics at The Epoch Times and financial markets at FX Daily Report. He is the author of “The War on Cash.” You can learn more at AndrewMoran.net.
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