korrents

Our readingWhat is a korrent?

There is no tight relation between growth rates and interest rates, either theoretically or empirically.

Drawn from what Olivier Blanchard said

Does public debt cost what we think it does?under our view: The interest rate is a symptom of the economy, not a lever a central bank pulls

What Olivier Blanchard actually said

  1. Olivier Blanchard Economist; former chief economist of the International Monetary Fund
    while the growth rate may well affect saving and investment, there is no tight relation between growth rates and interest rates, either on theoretical or empirical grounds.

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

Do you hold this korrent?Do you also believe this?

I hold this too

Related korrents

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

See this claim on the map