I hit the link due to the catchy title, expecting to find some silly and superficial partisan screed. What I found instead was a very dense economics treatise that I don't pretend to really understand on a granular level. But it does delve into the mystery of how the marriage of huge deficits and negative interest rates has had an amazingly long half life that has not yet ended in divorce. The fact that I don't really grasp how it all works, and have the ability to parse the degree to which the macroeconomic mechanics described in the article reflects reality, I suspect reflects more my own intellectual limitations, rather than the degree of the impenetrability of the content of the thesis itself.
https://lawliberty.org/the-democrats-paranormal-economics/