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Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets.

Drawn from what Ben Carlson said

government

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

A private bookmark. Not a position, and never counted.

What Ben Carlson actually said

Word for word, with the source under each one. They did not write this page.

  1. Ben Carlson

    Director of institutional asset management at Ritholtz…

    I think the fact that the government took on debt during two crises to help households was a good trade-off.

Added to korrents 28 Aug 2026 · How quotes work · Something wrong? Tell us

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