BOOMERBUSTER

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Friday, May 29, 2020

KRUGMAN ARGUING WITH ZOMBIES

Lotta cash out there.
But, hello, low interest rates. 
Real negativo "riskless"  return w inflation (plus or minus easing).
He advocates infrastructure spending ostensibly as a domestic stimulus. Is that a Green New Deal, or not? 
He advocates debt funded infrastructure.

What about small family farms as a Green New Infrastructure Deal, a sort of Morgenthau Agrification Plan for the new poverino West's masses, for the obsolesced offshored and globally converged, temporarily tittitained but under subsidized, lower and middle Western class?


He is not worried about currencies it seems.
Bemoaning deficits, that is for zombies

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