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Matthew Yglesias

@mattyglesias ↗

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Last Checked June 4, 2020

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Mon Jun 01 19:00:07 +0000 2020

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Matthew Yglesias @mattyglesias

Don’t let this happen! Economic policymakers can’t make the virus go away, and they can’t end police misconduct or stop irresponsible people from doing vandalism but they really really really can prevent *nominal* spending from collapsing (hint: spend more money). — PolitiTweet.org

Ernie Tedeschi @ernietedeschi

CBO’s revised economic projections from several weeks ago show a cumultive loss in nominal output of $15.7 trillion… https://t.co/a8VG6dV1Ny

Posted June 1, 2020 Hibernated

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Matthew Yglesias @mattyglesias

@bendreyfuss Wasn’t 2015 less crazy than 2014? — PolitiTweet.org

Posted June 1, 2020 Hibernated

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Matthew Yglesias @mattyglesias

@HeerJeet What’s interesting is we *had* fiat currency during the Civil War era and for a while after the war and it wasn’t causing any problems, but an elite consensus emerged to go backwards to gold and even the populists had all these ideas about silver instead of fiat. — PolitiTweet.org

Posted June 1, 2020 Hibernated