@econoadabsurdam Yes but interesting that he thinks work is over-taxed (which is correct). And land value tax is often associated with right wing economists.
@Brad_Setser True but the DMark would presumably be higher than the Euro equivalent here no ? So one could argue Germany also benefits from an undervalued CCY.
@MrJeffChrist@SenAdamSchiff He is saying don't start a war you can't win and end up worse off than your starting point... after having spent untold billions.
@InterestArb Also wealthy people get more income from bonds so higher rates relatively less painful for them (or outright benefit when purchasing big expenses in cash).