Dotting i's and Crossing t's with Respect to Olivier Blanchard's "Secular Stagnation" Fiscal-Policy-in-an-Era-of-Low-Interest-Rates AEA Presidential Address

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There are a lot of other issues Blanchard considers, or that I think should be considered. In my estimation of their rough order of importance:

Where does the wedge between the Treasury interest rate and the average profit rate come from, and what are the implications of that wedge's origins?

How and why does the average profit rate overestimate or underestimate the societal returns from investing in capital?

What are the risks that interest rates will spike?

What are the possibilities for using financial repression to control interest rate spikes?

How does the level of the debt affect the possibilities for multiple equilibria?

#monetarypolicy #monetaryeconomics #fiscalpolicy #mcroe #highlighted