Noahpinion β’ 9647 implied HN points β’ 03 Mar 24
- Paul Krugman suggests that increased immigration led to a positive supply shock, boosting growth and lowering inflation.
- Immigration's impact on reducing costs for companies and expanding aggregate supply is complex, involving immigrant and native-born wage dynamics.
- There are differing perspectives on the role of immigration in reducing inflation, with suggestions including a combination of immigration, Fed action, and pandemic-era supply shocks.