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Paul Krugman @paulkrugman
5/ low long-term rates make government borrowing attractive. So it's the low government borrowing costs that make the case for fiscal — PolitiTweet.org
Paul Krugman @paulkrugman
4/ surely is that from a policy point of view *it doesn't matter*. Low short-term rates make conventional monetary policy ineffective; — PolitiTweet.org
Paul Krugman @paulkrugman
3/ can't borrow as cheaply as the US and German governments. Much less clear whether this risk premium has gone up. But the real point — PolitiTweet.org
Paul Krugman @paulkrugman
2/ low interest rates on government debt, short- and long-term, are a good indicator of overall credit conditions. Obviously private agents — PolitiTweet.org
Paul Krugman @paulkrugman
The Policy Irrelevance of the Risk Premium: 1/ Brad DeLong (@delong) has a multi-part discussion of the question of whether the very, very — PolitiTweet.org
Paul Krugman @paulkrugman
RT @paulkrugman: @ezraklein on HRC; gender aside, have the two parties' nominees ever been more different? https://t.co/CbOVTCQv9t — PolitiTweet.org
Paul Krugman @paulkrugman
@ezraklein on HRC; gender aside, have the two parties' nominees ever been more different? https://t.co/CbOVTCQv9t — PolitiTweet.org
Paul Krugman @paulkrugman
Something I wrote last summer that wasn't 100% right but not too bad: https://t.co/3TKs6IGrlT https://t.co/11NRnwBI3M — PolitiTweet.org
Paul Krugman @paulkrugman
Brexit, pursued by a bear? https://t.co/4w3LWmxkAH — PolitiTweet.org
Paul Krugman @paulkrugman
This just happened. https://t.co/PQ83uvOwiy — PolitiTweet.org
Paul Krugman @paulkrugman
The Great Capitulation: https://t.co/LNMSdW88Pd — PolitiTweet.org
Paul Krugman @paulkrugman
A weird bug keeps locking me out of the Times VPN, so that I can't blog. For now, bloggish stuff will be posted at CUNY and linked here. — PolitiTweet.org
Paul Krugman @paulkrugman
Meanwhile, in the financial fever swamps https://t.co/AO0weYx0Q3 — PolitiTweet.org
Paul Krugman @paulkrugman
Interesting how people bitterly denouncing low interest rates used to warn that deficits would send rates soaring: https://t.co/4vUm5dqQ9l — PolitiTweet.org
Paul Krugman @paulkrugman
Post-Dallas, I see 1. Most people restrained and reasonable -- even Trump/Gingrich! 2. Media hyperventilation about bitter divided country — PolitiTweet.org
Paul Krugman @paulkrugman
The Great Capitulation: markets seem to have accepted secular stagnation, even if the Fed hasn't https://t.co/Ba3Pn1n6xw — PolitiTweet.org
Paul Krugman @paulkrugman
This is very important and heartening: Conservatives Just Lost the War to Privatize the VA https://t.co/4WxvkBdzS0 — PolitiTweet.org
Paul Krugman @paulkrugman
I know, stocks have predicted 9 of the last 5 recessions etc. Still, the absence of a Brexit plunge is striking https://t.co/A8mr41zqyh — PolitiTweet.org
Paul Krugman @paulkrugman
Also his deficits sent interest rates sky-high, QE debased the dollar, and Obamacare killed jobs https://t.co/3G68w9Y6tb — PolitiTweet.org
Paul Krugman @paulkrugman
What's really odd is that with long-term real rates <0, conventional fiscal stimulus has never looked better https://t.co/gfEuv69d8U — PolitiTweet.org
Paul Krugman @paulkrugman
One reason traders may be confused is that people are still talking about "artificially low interest rates" https://t.co/rKjevj2piM via @BV — PolitiTweet.org
Paul Krugman @paulkrugman
Whoever did this *wants* hysteria. Don't be a useful idiot. https://t.co/ehVRVewmwr — PolitiTweet.org
Paul Krugman @paulkrugman
Among college-educated white women: +31 https://t.co/Xgzlrzxt43 — PolitiTweet.org
Paul Krugman @paulkrugman
10-year real rate is back below zero. In a rational world we'd be building infrastructure. https://t.co/j6a7PJDPX1 — PolitiTweet.org
Paul Krugman @paulkrugman
If Politico front page is any guide -- and it does tell you the state of CW -- emails are a one-cycle story https://t.co/0x8b9yJnFq — PolitiTweet.org
Paul Krugman @paulkrugman
RT @HeerJeet: 7. If Tony Blair is to be held (partially) accountable for what he did in 2002-2003, why not the cheer-leading pundits? — PolitiTweet.org
Paul Krugman @paulkrugman
Feel the economic anxiety! There Will Be Blood https://t.co/NsBOT988qm — PolitiTweet.org
Paul Krugman @paulkrugman
For some reason I'm seeing a fresh wave of "hyperinflation is coming!" articles. Derp springs eternal. https://t.co/LiH1P1iA5G — PolitiTweet.org
Paul Krugman @paulkrugman
"Trump keeps 'accidentally' retweeting and embracing authoritarian racism because he's an authoritarian racist." https://t.co/FegCW8q4rk — PolitiTweet.org
Paul Krugman @paulkrugman
It's almost as if investors would rather not have a thin-skinned ignoramus with poor impulse control as president. https://t.co/oF5Ob1W1Vw — PolitiTweet.org
