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8 connected korrents · 4 moments on record from 1 Jun 2022 to 21 Aug 2026.

Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Judging by output kept nearpotential despite weakprivate demand, Japan's… OB Olivier Blanchard — holds since 2022-06-01 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. Central bank purchasesof government bonds are… OB Olivier Blanchard — holds since 2022-06-01 Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. Cash welfare benefitscontributed at least… NS Noah Smith — holds since 2022-07-25 The sharp steepening of the long end of the yield curve in 2023 was not predicted by economists, including forecasters who had modelled persistently low safe rates. The sharp steepening ofthe long end of the… OB Olivier Blanchard — holds since 2023-11-06 A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. A central bank caneliminate a… OB Olivier Blanchard — holds since 2022-06-01 A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. A fiscal expansion whenthe economy is already… OB Olivier Blanchard — holds since 2022-06-01 A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. A government's debtdynamics are a… RD Ray Dalio — holds since 2026-08-21 A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. A longer average debtmaturity protects a… OB Olivier Blanchard — holds since 2022-06-01 A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable. A persistently low safeinterest rate signals… OB Olivier Blanchard — holds since 2022-06-01
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