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TitleGonzalo Lira (view sites with similar title)
Description Gonzalo Lira       Strolling along the shores of the mainstream . . . Directory of Posts Subscribers Aphorisms Books Worth Reading Cartoons & Doodads Thursday, January 31, 2013 Mo’ Debt, Mo’ Problems (Mo’ Keynesian Cynicism) Christ, is Matt...
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Gonzalolira Summary

Gonzalo Lira.Gonzalo Lira.       Strolling along the shores of the mainstream . . .
Directory of Posts. Subscribers. Aphorisms. Books Worth Reading. Cartoons & Doodads. Thursday, January 31, 2013.
Mo’ Debt, Mo’ Problems (Mo’ Keynesian Cynicism) Christ, is Matt Yglesias stupid. Stupid or high, or maybe he’s just a cynical bastard—I really can’t make up my mind.
The U.S. Debt: Notice a trend? [click to enlarge] He just wrote a piece in Slate proposing that the U.S. government go into even more debt, ballooning the Federal debt to even higher levels than the “mere” 120% of GDP it currently is.
His “reasoning”? To take advantage of the lower interest rates currently prevalent in the bond markets.
Prima facie, Yglesias sounds reasonable. As he rightly points out, [T]he inflation-adjusted yield on 10-year Treasury bonds was negative 0.56 percent. Savers, in other words, want to pay the American government for the privilege of safeguarding their money. For the longest-dated ...



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  1. Directory of Posts
  2. Subscribers
  3. Aphorisms
  4. Books Worth Reading
  5. Cartoons & Doodads
  6. Mo’ Debt, Mo’ Problems (Mo’ Keynesian Cynicism)
  7. Christ, is Matt Yglesias stupid. Stupid or high, or maybe he’s just a cynical bastard—I really can’t make up my mind.
  8. a piece in Slate
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  17. The Trillion Dollar Coin: The Zimbabwe Dream of the Obama-heads
  18. at Slate
  19. The Sorrow and Rage of a Schoolhouse Rocker
  20. Fighting The Terrorists By Terrorizing The Innocent
  21. Living Under Drones: Death, Injury, and Trauma to Civilians from US Drone Practices in Pakistan
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  25. A Beginner’s Guide to the European Debt Crisis
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site visit date: 2013-04-05 03:43:00
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