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Their words
The tradeoff between cost of borrowing and how much interest rate risk taxpayers shoulder should be squarely on the shoulders of the politically-accountable Treasury not the independent Fed.
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Jeff Geerling Site
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19 September
28 August
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Their words
I think the fact that the government took on debt during two crises to help households was a good trade-off.
My Most Contrarian Opinion Right Nowawealthofcommonsense.com
22 April
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Their words
Ensuring that moving, borrowing, and sharing don't break the illusion is surprisingly easy to do with a static type system, and surprisingly hard to do with a dynamic type system, or at least hard to do cheaply.
6 December 2025
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