"I'm very happy they did it": Pres. Trump reacts to news that Federal Reserve is slashing interest rates to nearly zero. https://abcn.ws/2ILo5Yj | ABC News
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"When interest rates are near zero, government debt doesn’t matter." That was the theory at least, in the previous decade. If rates stayed low, the argument went, the US didn’t need to worry about debt. And it didn’t. Reality, however, has a way of catching up with theory eventually, and now it has for Japan, Allison Schrager says. | Bloomberg Opinion
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