GoodFellows: Conversations from the Hoover Institution cover image

Soft Landing: Larry Summers On Inflation, Debt, And A Looming Recession

GoodFellows: Conversations from the Hoover Institution

CHAPTER

I Don't Think We're Going Back to Low, Long Term Rates

Soh: I don't think it's right to dismiss entirely the fact that discount factors, interust rates have come way down. He slipped into one little bit of demagogery. A debt is fine, any amount of debt, 200 % a g d p, if you have a good plan for paying it off. It sounds like you think we're going back to low, long term real inter straits. Soh kind of were i where where i would be when i listened to the alarmists?

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