[lbo-talk] deficits

Doug Henwood dhenwood at panix.com
Tue Jun 17 08:06:52 PDT 2003


mike larkin wrote:


>What about this argument that big deficits cause long
>term interest rates to rise? Is there anything to
>that, in your view?

If the economy were growing faster, deficits could push up interest rates, sure. But there's not enough private credit demand now to matter.

Doug



More information about the lbo-talk mailing list