banquedefranceBanque de France122221132097779712001/28/2020 - 18:34Despite low interest rates and even if issuing government debt comes at no fiscal cost, capping the ratio of outstanding government debt to GDP remains a requirement for central-bank independence and price stability, #BdFeco WP by @BarthelemyEcon et al 👇 https://t.co/023qzYWScW