EconoSpeak: One Quibble with Brad DeLong’s Platform for the Bipartisan Technocrats#links

EconoSpeak: One Quibble with Brad DeLong’s Platform for the Bipartisan Technocrats#lin


Dean:
That sounds great.
Why not have the Fed buy up the debt held by the public and intragovernmental debt?
Then, we would be out of debt, right?
Don Levit

EconoSpeak: One Quibble with Brad DeLong’s Platform for the Bipartisan Technocrats#links

EconfffoSpeak: One Quibble with Brad DeLong’s Platform for the Bipartisan Technocrats#links








Folks:
This really seems like voodoo economics.
Do the Fed purchases increase debt held by the public or not?
A link to back that point would be helpful, particularly from a government agency.
Why doesn't the Fed buy all our debt (intragovernmental and debt held by the public)?
That way, we can have zero debt, yet still receive the interest payments, right?
Don Levit