Tyler Cowan thinks that this post by Paul Krugman on long term interest rates and a follow up by Brad DeLong are critically important and "two of the best recent economics blog posts, in some time".
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On Carry Traders and Long Term Interest Rates
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Tyler Cowan thinks that this post by Paul Krugman on long term interest rates and a follow up by Brad DeLong are critically important and "two of the best recent economics blog posts, in some time".