Very good points from Ryan Avent, Matt O’Brien, Larry Summers, Paul Krugman, and Ben Bernanke. And rereading all these has convinced me of one additional thing: with the North Atlantic plus Japan as a group clearly in a situation in which the Wicksellian natural rate of short-term safe nominal interest is less than zero, how … Continue reading The Current State of the Secular Stagnation-Savings Glut Debate