korrents

Our readingWhat is a korrent?

A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases.

Drawn from what Olivier Blanchard said

What this subject means

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

Margin of safety

Which mental models help you think better?under our view: Leave a margin of safety, because you will be wrong sometimes

What Olivier Blanchard actually said

  1. Olivier Blanchard Economist; former chief economist of the International Monetary Fund
    A longer maturity of debt protects the government from a temporary increase in the short run interest rate, and it gives it more time to adjust to a permanent increase.

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

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