The Exorbitant Burden with Matthew C. Klein
The ACID Capitalist Podcast
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Is There a Reflexive Market Pricing of Public Debt?
I cannot see how you create inflation with the magnitude of public debt markets to GDP, and their willingness to price immediately that fear. I mean, the very reason I would alert to the analogies with the Weimar inflation, but we've never seen its like in, I don't know what the town would be developed. But indeed, because it seems like that fiscal policy intervened and was effective in pulling us back from the brink. It created a problem of disequilibrium for a market based economy.
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