5 ms·
The Risk of Debt
- John_Galt 17y agoIf government spending was the solution, the word recession wouldn't exist.
- biohacker42 17y agoIf the government runs out of room to borrow, it will most likely favor inflation over deflation. Just how high the risk for deflation is, is up for debate. But we'll probably see brisk inflation which will act as a wealth transfer from savers to borrowers. The Aristocrats!
- ungerik 17y agohttp://www.youtube.com/watch?v=x3pB2nl-BRI&feature=player_embedded http://www.youtube.com/watch?v=x3pB2nl-BRI&feature=playe...