It is a pleasant premise isn’t it? Trillion dollar deficits don’t matter because we can make up the difference with increased debt, inflation and debt fueled growth. A snake eating it’s own tail need never go hungry. An Argentina style crisis could never happen here.

I’m just a troglodyte paleo conservative deficit hawk. We’re nearly extinct, but in my primitivist view, we are essentially imposing a tax on future generations. But who am I to quarrel with the sophisticated economics of Mr. Sanders and Mr. Trump?