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Brian Butler

Does borrowing money (to fund a recovery), make the recovery less likely? | GloboTrends... - 1 views

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    The trouble with borrowing money to pay for stimulus is that interest rates rise, which is exactly the opposite of what the government wanted in the first place (to get credit markets functioning again). In this blog post, we will look a how there is a limit to the amount of stimulus that will be effective, because after some point…the additional cost of borrowing will push rates back up
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