prleblond.bsky.social
CN-Paul M. Tellier Chair on Business and Public Policy, Graduate School of Public and International Affairs, University of Ottawa
Senior Fellow @ Centre for International Governance Innovation & Asia Pacific Foundation of Canada
Research Fellow @ CIRANO
386 posts
315 followers
197 following
Prolific Poster
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Very possible.
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Pecunia non olet?
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📢Blog par @dbmckinnon.bsky.social - La place du Canada dans un monde désordonné : Quelle est la prochaine étape pour la diplomatie canadienne ?
Une politique étrangère crédible et durable doit refléter ce que nous sommes, ce qui nous tient à cœur et ce que nous défendons...🔗https://bit.ly/4kRbWB7
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What about just printing dollars to pay off debt? It would mean going against the Fed and Congress, but I wouldn’t put it past the Trump administration as a solution of last resort. That’s the beauty if issuing debt in your own currency.
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And let’s not forget how much exceptional healthcare spending also boosts the U.S. economy…
www.ft.com/content/352b...
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Anyway it is interesting watching people beating drums about awesome US growth rates without mentioning that the US is doing that in part by keeping tax rates unsustainably low and Keynesian-juicing their economy with 7% of GDP deficits.