Apparently, Matt Yglesias doesn't know what a basis point it
And Matt Levine dunked on Twitter
https://twitter.com/buccocapital/status/1613192062362390528
If the next issue of Money Stuff mentions Yglesias with a decidated session, this market solves to YES.
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Title and description contradict. Levine mentions Yglesias but positively, how does that resolve?
Relevant quote:
But there is a real risk that Congress won’t, so today Bloomberg Opinion contributor Matt Yglesias has a Substack column arguing that Treasury should solve the problem of the debt ceiling using premium bonds. I think this is correct, I have made this argument a few times before, and Yglesias clearly explains why the debt ceiling is very dumb and why Treasury should, if need be, use gimmicks to solve it.