Detailed text transcripts for TV channel - MSNBC - 20190128:18:19:00
Rates. they're more like stimulus which we didn't need -- well, increase in interest rates makes the fed raise rates faster and have a trade war at the same time swamping the impact. it is a little weird, though it is a little weird for democrats to be making the deficit argument when -- last i saw, the hot take new democratic argument is this modern monetary theory that deficits don't really matter. so i mean, you can't have it both ways. -- >> you and i would agree -- the three of us would agree the only people -- democrats may say it, and i disagree with it that deficits don't matter, but a...