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← Government spending in a supply-constrained economy worsens inflation and crowds out private activity.
17 connected korrents · 16 moments from 1 Jun 2022 to 14 Oct 2026. Nearly all of them are about inflation .
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America Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Government spending in a supply-constrained economy worsens inflation and crowds out private activity. Government spending in a supply-constrained economy worsens inflation and crowds out private activity. Last stated 2 years ago
6 Jan 2025
AT
Angus Taylor — holds since 2025-01-06 — tap for who they are
Same subject: Ceding control of the Fed's balance sheet to the Treasury so it can keep interest rates low for more government borrowing would be a real inflation risk. — tap to centre the map on it Ceding control of the Fed's balance sheet to the Treasury so it can keep interest rates low for more government borrowing would be a real inflation risk. Last stated 2 months ago
17 Aug 2026
CS
Claudia Sahm — holds since 2026-08-17 — tap for who they are
Same subject: Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. — tap to centre the map on it Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: The inflation of the early 2020s was caused by government overspending and rising energy prices. — tap to centre the map on it The inflation of the early 2020s was caused by government overspending and rising energy prices. Last stated 2 years ago
20 Jan 2025
DT
Donald Trump — holds since 2025-01-20 — tap for who they are
Same subject: The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials. — tap to centre the map on it The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials. Last stated 2 years ago
19 Feb 2025
BC
Bryan Caplan — holds since 2025-02-19 — tap for who they are
Same subject: The return of inflation is what made Donald Trump's second presidency possible, and therefore what makes everything that presidency changes possible. — tap to centre the map on it The return of inflation is what made Donald Trump's second presidency possible, and therefore what makes everything that presidency changes possible. Last stated 2 years ago
19 Jan 2025
JB
Jennifer Burns — holds since 2025-01-19 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. Last stated 7 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: Adjusted for inflation, far more American families are now high-income and far fewer are low-income than in 1967. — tap to centre the map on it Adjusted for inflation, far more American families are now high-income and far fewer are low-income than in 1967. Last stated 2 months ago
16 Sept 2026
JH
Jeremy Horpedahl — holds since 2026-09-16 — tap for who they are
Same subject: AI's effect on inflation is disinflationary over five to ten years but inflationary over the coming year because of chip shortages. — tap to centre the map on it AI's effect on inflation is disinflationary over five to ten years but inflationary over the coming year because of chip shortages. Last stated 2 months ago
7 Sept 2026
CS
Claudia Sahm — holds since 2026-09-07 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Germany's constitutional debt brake will not be reformed. — tap to centre the map on it Germany's constitutional debt brake will not be reformed. Last stated 2 years ago
4 Mar 2025
FM
Friedrich Merz — holds since 2025-02-25 — tap for who they are
FM
Friedrich Merz — no longer holds since 2025-03-04 — tap for who they are
Same subject: Public investment cannot be assumed to be automatically financeable by debt merely because it has high social returns. — tap to centre the map on it Public investment cannot be assumed to be automatically financeable by debt merely because it has high social returns. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A backlash against women's economic rise is not automatic; it happens only where politicians choose to mobilise it. — tap to centre the map on it A backlash against women's economic rise is not automatic; it happens only where politicians choose to mobilise it. Last stated 2 years ago
1 Dec 2024
AE
Alice Evans — holds since 2024-12-01 — tap for who they are
Same subject: A corrupt, partisan majority on the Supreme Court has given Trump a huge amount of untrammeled power. — tap to centre the map on it A corrupt, partisan majority on the Supreme Court has given Trump a huge amount of untrammeled power. Last stated 3 weeks ago
14 Oct 2026
PK
Paul Krugman — holds since 2026-10-14 — tap for who they are
Same subject: A country without cultural unity struggles to provide public goods, because its politics turns into an ethnic spoils system. — tap to centre the map on it A country without cultural unity struggles to provide public goods, because its politics turns into an ethnic spoils system. Last stated 7 months ago
9 Apr 2026
NS
Noah Smith — holds since 2026-04-09 — tap for who they are
Same subject: A company can run on truth only if its leader deeply desires it and rules with a firm hand rather than by democracy. — tap to centre the map on it A company can run on truth only if its leader deeply desires it and rules with a firm hand rather than by democracy. Last stated 2 years ago
6 Mar 2025
KG
Kapil Gupta — holds since 2025-03-06 — tap for who they are
Same subject: A company is not a democracy: every voice should be heard and then one person decides, and the decision should not be the popular one. — tap to centre the map on it A company is not a democracy: every voice should be heard and then one person decides, and the decision should not be the popular one. Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: A conversation needs several legitimate voices; if the people has only one, democracy becomes dictation — tap to centre the map on it A conversation needs several legitimate voices; if the people has only one, democracy becomes dictation
YH
Yuval Noah Harari — holds since c. 2024–2025 — tap for who they are
At the centre
Government spending in a supply-constrained economy worsens inflation and crowds out private activity.
Holds Read this korrent →
Ceding control of the Fed's balance sheet to the Treasury so it can keep interest rates low for more government borrowing would be a real inflation risk.
Holds
Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total.
Holds
The inflation of the early 2020s was caused by government overspending and rising energy prices.
Holds
The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials.
Holds
The return of inflation is what made Donald Trump's second presidency possible, and therefore what makes everything that presidency changes possible.
Holds
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Holds
Adjusted for inflation, far more American families are now high-income and far fewer are low-income than in 1967.
Holds
AI's effect on inflation is disinflationary over five to ten years but inflationary over the coming year because of chip shortages.
Holds
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Holds
Germany's constitutional debt brake will not be reformed.
No longer holds
Public investment cannot be assumed to be automatically financeable by debt merely because it has high social returns.
Holds
A backlash against women's economic rise is not automatic; it happens only where politicians choose to mobilise it.
Holds
A corrupt, partisan majority on the Supreme Court has given Trump a huge amount of untrammeled power.
Holds
A country without cultural unity struggles to provide public goods, because its politics turns into an ethnic spoils system.
Holds
A company can run on truth only if its leader deeply desires it and rules with a firm hand rather than by democracy.
Holds
A company is not a democracy: every voice should be heard and then one person decides, and the decision should not be the popular one.
Holds
A conversation needs several legitimate voices; if the people has only one, democracy becomes dictation
Last stated c. 2024–2025
Holds