Our readingWhat is a korrent?
The real interest rate in the long run is determined by market forces
Drawn from what John H. Cochrane said
Subjectinterest rates
Our readingWhat is a korrent?
Drawn from what John H. Cochrane said
The general FTPL with debt on the left and surpluses on the right adapts to sticky prices by real interest rate variation.
Added to korrents 1 Oct 2026 · How quotes work · Something wrong? Tell us
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