3min chapter

Macro Musings with David Beckworth cover image

Heather Long, Ryan Avent, and Cardiff Garcia on Pandemic Reflections and Economic Predictions for the Future

Macro Musings with David Beckworth

CHAPTER

The Eviction Crisis

crypto has proved to be a kind of isolated hobbyist thing, right? In other words, there has been no systemic contagion from it. The US spent one out of every $3 globally according to IMF estimates in fighting the pandemic. I'm willing to bet that if we come back in a few years, that rates will be back down to 2 percent,. maybe 2.5 percent 10 year treasury yield.

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