What are the main constraints affecting the return to a normal inflation-adjusted real rate?
What's Keeping Fed Funds Rate From Returning to Normal?

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1.
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3 mins • 1 pt
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2.
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3 mins • 1 pt
How does the level of debt impact nominal interest rates according to the text?
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3.
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3 mins • 1 pt
What role does the Fed play in the current economic situation as described in the text?
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How does the text describe the relationship between central banks and the politics of the moment?
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What are the implications of low growth rates for governments with high debt?
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