Krugman would argue that, if the economy remains weak, interest rates will remain low, despite high and rising public debt. Fear of a speculative attack by so-called “bond vigilantes” is unwarranted, he would claim, as the US and the UK show.
这一结论意味着克鲁格曼宣称不必关注债务水平是错的。克鲁格曼会同意，如果经济持续萎靡，利率应该维持低水平，尽管公债水平很高且处于升势。他会说，根据美国和英国的经验，担心所谓的“债券义军”的投机袭击是无稽之谈。