4 Sustainable Debt Debt trades current money for future money with interest. If wealth grows faster than the rate of interest, debt can potentially be repaid indeﬁnitely out of rollover. This tempts self-ﬁnancing bub

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Date: 2015-04-20 09:49:44 Finance Credit Financial crises Fiscal policy Government debt Default Bond Loan Real interest rate Economics Financial economics Debt		4 Sustainable Debt Debt trades current money for future money with interest. If wealth grows faster than the rate of interest, debt can potentially be repaid indeﬁnitely out of rollover. This tempts self-ﬁnancing bub Add to Reading List Source URL: cupola.columbia.edu Download Document from Source Website File Size: 3,27 MB Share Document on Facebook

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