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Alf

@MacroAlf

Founder of The Macro Compass. Former Head of $20bn Portfolio. Next: CIO of my own Macro Fund.

calendar_today31-12-2020 21:36:42

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To clear the debate once and for all.

Higher interest rates might be stimulative until more households and corporates have to refinance their debt.

At that point all they can stimulate is a recession.

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