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

Should One Be Anxious About Interest Rates and the Cost of Debt Service?

Germany has a 60% debt to g p ratio as a target. The country's nominal interest trade was nine, and the real interest trade in Germany was five. A world where long term nominal interest straits are in the twos is very different thom that world with negative straits.

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