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Paul Krugman

@paulkrugman ↗

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Last Checked March 23, 2019

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Mon Jul 11 13:57:18 +0000 2016

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Paul Krugman @paulkrugman

3/ can't borrow as cheaply as the US and German governments. Much less clear whether this risk premium has gone up. But the real point — PolitiTweet.org

Posted July 11, 2016 Hibernated

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Paul Krugman @paulkrugman

2/ low interest rates on government debt, short- and long-term, are a good indicator of overall credit conditions. Obviously private agents — PolitiTweet.org

Posted July 11, 2016 Hibernated

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Paul Krugman @paulkrugman

4/ surely is that from a policy point of view *it doesn't matter*. Low short-term rates make conventional monetary policy ineffective; — PolitiTweet.org

Posted July 11, 2016 Hibernated