Paul Krugman

@paulkrugman ↗

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Last Checked April 16, 2021

Created

Sun Mar 29 13:41:31 +0000 2020

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Paul Krugman @paulkrugman

The world doesn't always look like this. But in times of crisis it does, and huge monetary and fiscal expansion isn't irresponsible; on the contrary, refusing to engage in expansion would be irresponsible 8/ — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

So the government is borrowing the money the private sector doesn't want to spend, and spending it instead. The market is basically paying the government to do this: real interest rates on federal debt are negative 7/ — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

Lest we forget https://t.co/PCY1qrkC09 https://t.co/f5xlHZ62BP — PolitiTweet.org

Posted March 29, 2020 Hibernated