Stanisław Barzowski
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Improving capital gains taxes — LessWrong
Is there enough money in the world for all investments to lever up 100%? Yes :) But in some sense this is just equivalent to the worry that interest rates will go up. There's certainly not enough that the borrowing costs would be trivial, if debt demand were suddenly so high. It's possible that short-term interest rates would go up. This is basically the government financing large investments to match private returns, and the extra borrowing can drive up the interest rate.
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