Inflation, Debt, and The Fed (Part 2) with Scott Sumner and Lyn Alden
Village Global Podcast
00:00
I'm Not Saying Lynd's Wrong About That
When you get into the 20 first century and you have permanently lower real interest rates, that's pushing a lot of countries to increase the debt to g d p ratio. And so we're having sort of an experiment on a grand scale all across the developed world. But i don't think we know yet whether that's going to force them to become like argentina or eventually monitize this debt by printing money.
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