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Care to explain how historically low interest is bad for governments in debt? Because that is completely the opposite of how it actually works for lenders (high
by hueving 8y ago
Care to explain how historically low interest is bad for governments in debt? Because that is completely the opposite of how it actually works for lenders (high interest destroys them).
- icelancer 8y agoHis point is that we are at risk of high interest rates causing exactly that, and we are getting used to low interest as if it is normal while piling up more and more debt.