Re:55% of the US National Debt Is the Result of Repaying Deb...
by lrajlich on Thursday July 19, 2018 @12:33PM
(#17567929)
> higher interest rates lead to higher net income to the private sector which is a bit inflationary.
There a paper for this? low interest rates tend to be associated with poor economic conditions, in the extreme liquidity trap or secular stagnation, so this conclusion makes sense though the causal effect is the opposite of what is suggested by your comment... As an example, interest rates (ex fed funds) were really low during the great depression!
There a paper for this? low interest rates tend to be associated with poor economic conditions, in the extreme liquidity trap or secular stagnation, so this conclusion makes sense though the causal effect is the opposite of what is suggested by your comment... As an example, interest rates (ex fed funds) were really low during the great depression!