Matteo Maggiori on the Global Capital Allocation Project, Exorbitant Privilege, and Dollar Runs
Macro Musings with David Beckworth
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Is the Roll of the Dollar a Good Idea to Fight Off a Pandemic?
I don't know of any politician that is going around on a platform that says, my main goal is bringing the detogitipratior down. And no you mention the forecast of the us. Detgitiprater expanding for the foreseeable horizon. I just don't know that there is a plan to bring it down. To me, what might get us into a crisis is precisely not thinking that it's possible and not thinking that we need to maintain some spare capacity. No, none of that means we shouldn't spend enough on demic. That's ridiculaus. Everybody understands thattthe fiscal multipliers are very high doing apendemic. Now, unfortunately, also
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