3 ms·
Krugman is also the guy who said that minting a $1 trillion dollar coin wouldn't be inflationary.
by desumeku 2y ago
Krugman is also the guy who said that minting a $1 trillion dollar coin wouldn't be inflationary.
- ryandamm 2y agoThat was in response to the artificial debt ceiling. The coin was to be “deposited” and used a justification for why there didn’t need to be a vote to lift the debt ceiling for funds Congress has already allocated. Conflating that with Keynesian principles is false. He didn’t propose that the trillion dollar coin would ever affect actual spending.