Borrowing Quote by Thomas Frank
“Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.”
About This Quote
Municipal bonds remain cheaper than corporate debt despite overall high borrowing costs.
In simple terms: City loans cost less than company loans.
Consider municipal bonds for financing.
Themes
Mood
Type
When to use this quote
- city infrastructure projects
- municipal budgeting
- investment portfolios
- debt management
Key Concepts
Questions to Reflect On
- Should you prioritize cost over flexibility?
- How do you assess risk in public vs private borrowing?
Corporate debt may be more flexible.