Author Topic: Government Day-to-Day  (Read 13996 times)

0 Members and 0 Guests are viewing this topic.

Offline wilber

  • Moderator
  • Full Member
  • *****
  • Posts: 7476
Re: Government Day-to-Day
« Reply #615 on: September 06, 2020, 02:17:30 pm »
A great piece by economist Mike Moffatt today in Medium:

https://medium.com/@MikePMoffatt/interest-on-federal-debt-the-double-whammy-hypothesis-and-putting-my-money-where-my-mouth-is-584a9aeab326
Iím supposed to be impressed by a $100 wager? If he is wrong, his $100 wonít be worth much anyway.
I would be a lot more impressed if he said he was putting a few 100K of his own money into 10 year government bonds at O.5%
« Last Edit: September 06, 2020, 02:19:46 pm by wilber »
"Never trust a man without a single redeeming vice" WSC