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Posted Aug 23, 2009 at foozzz
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Are those nominal or real rates?
Do deficits cause higher interest rates? You decide.
We're running huge deficits these days — just in case any of your friends haven't noticed yet. A lot of my friends have noticed, and they don't like those deficits one bit, because they've made up their minds that deficits, especially big ones, cause interest rates to rise. It's become conven...
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