I'm not an economist but it's pretty simple math that if interest rates are lower than inflation, you're effectively getting paid to borrow.
Show this thread
Another lesson we should have learned, but didn't, in the great recession. If interest rates are near (or below!) the rate of inflation, the government should be taking on ENORMOUS amounts of debt in order to build things, provide services, and give people jobs.https://twitter.com/rortybomb/status/1398028791759450125 …
-
-
-
Decades of right-wing disinformation about government budgets being analogous to family budgets have poisoned everyone's brains
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.