A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending.

Added to korrents 2 Sept 2026 · How quotes work · Something wrong? Tell us

Shared subject first, then similar wording. They may agree or disagree.

• A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. OBOlivier Blanchard1 Jun 2022interest ratesgovernment
• Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. OBOlivier Blanchard1 Jun 2022interest ratesgovernment
• Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. OBOlivier Blanchard1 Jun 2022interest ratesgovernment
• Federal Reserve Board members have historically often resigned before completing their full terms. JBJosh Barro15 May 2026interest ratesgovernment
• The late stage of the Big Debt Cycle shows itself as long rates leading rates up, the currency falling against gold, and the treasury shortening maturities. RDRay Dalio21 Aug 2026interest ratesgovernment

See this claim on the map