“For years, we lived in a world where there was basically zero risk premium on U.S. debt,” Jared Bernstein, the former head of Joe Biden’s Council of Economic Advisers, told me.
“In four short months, Team Trump has squandered that advantage.”
“For years, we lived in a world where there was basically zero risk premium on U.S. debt,” Jared Bernstein, the former head of Joe Biden’s Council of Economic Advisers, told me.
“In four short months, Team Trump has squandered that advantage.”
One thing I don’t understand about inflation is why printing money increases it but borrowing money doesn’t.
Either way you all of a sudden have $200 million dollars to spend, why does inflation care if that came from another country? The money is still the same, being spent the same, etc.
Eventually it needs to be paid back but that’s not for a very long time so wouldn’t inflation happen between now and then anyways?
Spending by 1) borrowing or 2) by increasing the money supply are VERY different things.