The amount of any payments — an idea that Trump said was still under consideration — would depend on figures from DOGE, which has had some of its savings claims debunked.
No idea why you deleted that comment. You’re right.
The bank bailouts in 2008 didn’t cause the tiniest bit of inflation. Again, Mark Blyth calls this out specifically in his book and many of his lectures. The predominant question plaguing economists in the 2010s was “Where the fuck is the inflation?”
Japan has an incredibly high debt to GDP ratio, and their main economic constraint right now is too little inflation.
Once you start looking for the examples they’re there. This whole idea that government spending = inflation is a total myth.
Meant to post it below, so wrong comment, but it was sarcastic and incorrect intentionally. The US economy is not the same as a household economy, nor is it the same as the state or city economy. State and local governments have to stay balanced, unlike the federal government which prints money.
No idea why you deleted that comment. You’re right.
The bank bailouts in 2008 didn’t cause the tiniest bit of inflation. Again, Mark Blyth calls this out specifically in his book and many of his lectures. The predominant question plaguing economists in the 2010s was “Where the fuck is the inflation?”
Japan has an incredibly high debt to GDP ratio, and their main economic constraint right now is too little inflation.
Once you start looking for the examples they’re there. This whole idea that government spending = inflation is a total myth.
Meant to post it below, so wrong comment, but it was sarcastic and incorrect intentionally. The US economy is not the same as a household economy, nor is it the same as the state or city economy. State and local governments have to stay balanced, unlike the federal government which prints money.
I think we are in agreement on this