I think it’s misplaced to even use break-even as a reference point. It’s about (a) do people want to lend to the US (b) do we have productive ways to deploy that capital. If we can borrow $5T at ~0% an invest in needed infrastructure we should.
This is the way it’s always been! You want to go back to a time before central banks? (I know there’s a crypto angle in here somewhere...)
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Sure we've had central banking for a while but QE wasn't a big thing until the 2008 crises. Now they are actively monetizing government debt even though they claim to be independent.pic.twitter.com/bA6KNPmzZA
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I think QE is here to stay. The US used similar policies to remedy the Great Depression, as has Japan. I’m curious though, how would you solve the present-day situation?
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Whenever I hear a politician saying “we need to run government budgets like a household budget” I 
They literally have the power to raise / lower interest rates.