Now the Peterson people are getting on board the ZIRP train too... all aboard????
Higher interest on #NationalDebt could crowd out investments in #infrastructure https://t.co/TxkPBns9Me #AskForAPlan pic.twitter.com/ydTNIe3Cqs
— Peterson Foundation (@pgpfoundation) April 21, 2016
If they raise IR, governments will become bankrupt due to interest payments... in their mind, it makes sense.
ReplyDeleteEconomic illiteracy from Peterson? I don't believe it..:-)
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