Low Inflation and Government Debt

Low Inflation and Government Debt

photo: Simon Cunningham Low Inflation and Government Debt  Government debt typically refers to nominal GDP, generally rising in postwar Oecd countries. Last crisis was an exception, firstly displaying in 2009 a nominal recession affecting 27 out of 34 countries. To understand reasons and implications, I evaluate in Table 2 for six Oecd countries (US, UK, Germany, […]