The Danger of Debt in a Murky Market
Monday, December 20, 2021
The government is planning on selling Rp991.3 trillion worth of bonds. Why does the government continue borrowing in the midst of inflation?
The winds change and seasons shift. Skyrocketing inflation has forced major central banks to change course. The brakes are being pressed on economic stimuli. The reduction of liquidity injection, or tapering, will accelerate. Interest rates will rise.
The Federal Reserve, which has been the most aggressive in giving out stimuli during the past two years, has sent signals it will raise interest rates up to three times next year. It has also start
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