Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 2, 2020

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Wed Aug 14 12:49:06 +0000 2019

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Paul Krugman @paulkrugman

As I wrote in yesterday's newsletter (to which you should subscribe!), amateurs talk about stocks, but professionals study bond markets. As of this morning the bond market is basically begging governments to borrow: the US 10-year real rate just 0.02 percent 1/ https://t.co/e44SX8Rvu7 — PolitiTweet.org

Posted Aug. 14, 2019 Hibernated

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Paul Krugman @paulkrugman

But this was obviously a defensive move to avoid price hikes before Christmas, not a change in Trump's world view or improvement in his decision-making. So why respond so strongly? 3/ — PolitiTweet.org

Posted Aug. 13, 2019 Hibernated

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Paul Krugman @paulkrugman

These low, low rates are telling us several things: (a) private investment demand is really weak despite tax cuts (b) recession risks are pretty high (c) infrastructure! I mean, with borrowing virtually free, why not fix all those falling-down bridges? 2/ — PolitiTweet.org

Posted Aug. 14, 2019 Hibernated