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I see no reason why you should not reduce the rate of interest on your long-term government bonds to 2.5% or less with favourable repercussions on the whole bond market, if only the Federal Reserve System would replace its present holdings of short-dated Treasury issues by purchasing long-dated issues in exchange.
Similar(58)
What repercussions?
Repercussions have been interesting.
Still, there were repercussions.
The repercussions were inescapable.
Such stridency has repercussions.
There are repercussions".
But some repercussions continue.
Repercussions could be widespread.
Then come the repercussions.
There are no repercussions".
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CEO of Professional Science Editing for Scientists @ prosciediting.com