2min chapter

Capitalisn't cover image

The Causes And Effects Of Today's Inflation, With Raghuram Rajan

Capitalisn't

CHAPTER

The Market Fed Interaction Isn't Working Before

The fed can't slow down the economy until it moves introstrates in a really serious way. The cost of servicing all this debt, remember, debt to g p in the us is now a hundred and 25 %. And if the combined balance sheet has a lot of short terme debt, which reprices quickly as interest rates pick up,. youe wain to see the fiscal costs show up quite quickly.

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