Stabilizing The Future — John Cochrane
The Rasheed Griffith Show
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Risks and Rewards of Sovereign Debt
Exploring the complexities of sovereign debt, this chapter questions the perceived risk-free nature of government borrowing by examining historical defaults, repayment mechanisms, and the impact of inflation on bondholders. It delves into the intricate dynamics of US government debt, including debt to GDP ratios, trust in repayment, and the interplay between borrowing limits and economic growth.
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