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For my Economics Academis Experts
Baseman
Member Posts: 12,382
in Tug Tavern
With the massive national debt and hemorrhaging deficit, how will we? keep from going broke and becoming Greece?
Comments
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MMT I’m told.
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Keep interested rates low.
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The same way we always haveBaseman said:With the massive national debt and hemorrhaging deficit, how will we? keep from going broke and becoming Greece?
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In the grand scheme of things our deficit is pennies.
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Things fucktards say.HustlinOwl said:In the grand scheme of things our deficit is pennies.
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We educate our citizens about basic economics. Or as the cute smart kid in the soccer ad says, "But they won't".
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You mean like the Oregon State game ;-)2001400ex said:Keep interested rates low.
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Lol now that's funny shit.GrundleStiltzkin said:
You mean like the Oregon State game ;-)2001400ex said:Keep interested rates low.
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105% of GDP? Still fairly reasonable.
I'm still fine with restructuring entitlements if your that worried about it. -
For reference.
Also, the USA has the distinct advantage of essentially controlling the world's money supply. We could probably print all $6.2 trillion the rest of the world holds of our debt, buy that back, and still not fuck the dollar up too badly.
Now WHAT we? Spend money on is another question.
