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5 connected korrents · 4 moments on record from 11 Feb 2019 to 21 Aug 2026.

Same subjectSame subjectSame subjectSame subjectSame subject During post-2008 fiscalconsolidation, the costs ofhigh public debt were… OB Olivier Blanchard — holds since 2022-06-01 The lower a country's neutral interest rate, the smaller the fiscal and welfare costs of public debt and the larger its welfare benefits. The lower a country'sneutral interest rate… OB Olivier Blanchard — holds since 2022-06-01 The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. The main obstacle tosound fiscal policy… OB Olivier Blanchard — holds since 2022-06-01 When safe interest rates are expected to remain below growth rates for a long time, rolling over public debt without later tax increases is feasible and public debt may carry no fiscal cost. When safe interestrates are expected to… OB Olivier Blanchard — holds since 2019-02-11 OB Olivier Blanchard — turned since 2023-11-06 A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. A government debtcrisis is measurable… RD Ray Dalio — holds since 2026-08-21 A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. A fiscal expansion whenthe economy is already… OB Olivier Blanchard — holds since 2022-06-01
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