when investment is debt-financed. In such a case a firm pays the creditor not only the sum of annual interest (initial … the investment is debt-financed, the interest payment additionally reduces the corporate tax base. The research findings … optimum debt maturity tends to correlate positively with the corporate tax rate but negatively with the interest rate. In the …

that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth--but it … that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth--but it … straight about what really caused the crisis. It didn't happen because banks are too big to fail--our addiction to private debt …

regarded as a premier expert on inflation, and in this book, he illustrates how the erosion of trust in central banks is … quickly" scenarios - What might cause the erosion of money scenario that can cause hyper-inflation and put the financial … putting us at high risk of both near- and long-term inflation--and a potentially very serious disruption. It's not about a …