Paul Krugman

@paulkrugman ↗

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Last Checked May 10, 2020

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Sun Mar 24 15:58:35 +0000 2019

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Paul Krugman @paulkrugman

Remember, the Trump administration is promising 3 percent growth, and even non-voodoo projections put it at around 2 percent for the foreseeable future. That's way bigger than the real interest rate, so no debt spiral 3/ — PolitiTweet.org

Posted March 24, 2019 Hibernated

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Paul Krugman @paulkrugman

As of Friday, the interest rate on inflation-protected US 10-year bonds was 0.54 percent. This tells us that markets are completely unworried about debt; it also says that debt arithmetic is completely inconsistent with crisis-mongering 2/ — PolitiTweet.org

Posted March 24, 2019 Hibernated

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Paul Krugman @paulkrugman

That's why genuinely serious economists like Olivier Blanchard are saying that debt is just not a top-tier issue. Why should anyone believe scaremongers now? Especially if they have a long track record of predicting debt/inflation disasters that never happen? 4/ — PolitiTweet.org

Posted March 24, 2019 Hibernated