The Causes And Effects Of Today's Inflation, With Raghuram Rajan
Capitalisn't
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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