Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The bond market forces austerity in the end either way.

Or you can try inflation, which again leads to the bond market telling you that it didn’t help.



This is what I find so useless. There is not just a single number that can define this situation. Defining it in such a way seems to be a solid way to avoid having a real conversation.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: