Nick Rowe channels Robin Hanson (and John Cochrane) - InvestingChannel

Nick Rowe channels Robin Hanson (and John Cochrane)



This is a great idea (he’s discussing government debt):

There is some risk that the government could change the way it computes NGDP. But there is also risk that the government changes the way it calculates the CPI, and that doesn’t stop people from buying TIPS.