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Paul Krugman

@paulkrugman ↗

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Last Checked April 16, 2021

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Sun Mar 29 13:23:31 +0000 2020

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Paul Krugman @paulkrugman

On the monetary side, you really shouldn't think of the Fed as "printing money." What it's really doing is recycling money that is trying to flee into safe havens, with potentially disastrous effects 3/ — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

And as in the 2008 crisis, my inbox is full of people warning that the Fed's efforts to stabilize markets amount to massive money-printing and will lead to runaway inflation; also that budget deficits will bankrupt us. So a bit of wonkery on why that's all wrong 2/ — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

Private investors are running from anything that's even slightly risky or illiquid, making capital costly or unavailable to business. Look at yields on federal debt, which have dropped to zero, versus commercial paper 4/ https://t.co/of1ssdZliT — PolitiTweet.org

Posted March 29, 2020 Hibernated