> a fiscal conservative who subscribed to the “golden rule” of banking, which stipulated that a country’s indebtedness should never exceed its obligations. Wha

> a fiscal conservative who subscribed to the “golden rule” of banking, which stipulated that a country’s indebtedness should never exceed its obligations. What does that sentence even mean? How could a country's indebtedness exceed its obligations? This reads like the article was rushed to have something on Trump threatening central bank independence.