An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Yes, he makes the for argument about how debt when used wisely is an investment which pays back. Most successful business had borrowed to get going.
Most people are scared of their governments going into debt, and the media use propaganda to reinforce it. But it can be a good investment. Hardly anyone can buy a house without debt.
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There is, however, an "understanding deficit" taking place here!
Yes, he makes the for argument about how debt when used wisely is an investment which pays back. Most successful business had borrowed to get going.
Most people are scared of their governments going into debt, and the media use propaganda to reinforce it. But it can be a good investment. Hardly anyone can buy a house without debt.
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