Understanding Interest Rates
Economist Paul Krugman challenges the common belief that high levels of debt lead to high interest rates. He argues that the link between debt and interest rates is not as tight as people think and that economists may not fully understand what drives interest rates. The discussion also highlights historical events, such as the debt crisis in southern Europe and Mario Draghi's intervention, that have shaped views on the relationship between debt and interest rates.In this clip
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The Ezra Klein Show
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