{"id":11469,"date":"2013-04-30T10:02:10","date_gmt":"2013-04-30T02:02:10","guid":{"rendered":"http:\/\/maddruid.com\/?p=11469"},"modified":"2013-04-30T10:05:24","modified_gmt":"2013-04-30T02:05:24","slug":"2681-a-cut-in-government-debt-reduces-borrowing-cost-in-the-economy","status":"publish","type":"post","link":"https:\/\/maddruid.com\/?p=11469","title":{"rendered":"[2681] Government debt cut reduces borrowing cost in the economy"},"content":{"rendered":"<p>Here is an interesting paragraph which describes how a cut in government debt can lead to lower borrowing cost in the economy:<\/p>\n<blockquote><p>A decrease in the supply of government debt has forced some money fund managers and cash investors to scramble for alternatives. Higher demand for commercial paper, repurchase agreements and other short-term private debt has knocked down borrowing costs on Wall Street. [<a href=\"http:\/\/www.reuters.com\/article\/2013\/04\/29\/usa-debt-borrowing-idUSL2N0DG1HX20130429\">US expects to pay down debt in Q2 for first time since 2007<\/a>. <em>Reuters<\/em>.\u00a0April 29 2013]<\/p><\/blockquote>\n<p>How about that? A clear crowding out (or rather, crowding in) effect between the public and the private sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is an interesting paragraph which describes how a cut in government debt can lead to lower borrowing cost in the economy: A decrease in the supply of government debt has forced some money fund managers and cash investors to scramble for alternatives. Higher demand for commercial paper, repurchase agreements and other short-term private debt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[544,1613,1111,1612],"class_list":["post-11469","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bonds","tag-borrowing-cost","tag-fiscal-policy","tag-sequestration"],"_links":{"self":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/11469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11469"}],"version-history":[{"count":4,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/11469\/revisions"}],"predecessor-version":[{"id":11473,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/11469\/revisions\/11473"}],"wp:attachment":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}