tag:blogger.com,1999:blog-2761684730989137546.post8410293725436532311..comments2024-03-28T04:13:36.779-04:00Comments on Mike Norman Economics: Art Shipman on Reinhart-Rogoff. What about private debt?mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-55228337129895095412013-04-29T21:00:33.970-04:002013-04-29T21:00:33.970-04:00Private debt isn't important because that'...Private debt isn't important because that's how banks make money? And because economists must kow-tow to the banks?Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-20525492380731690762013-04-29T10:39:59.240-04:002013-04-29T10:39:59.240-04:00Well, the "government" plan is the one w...Well, the "government" plan is the one written for them by the 1%.<br /><br />It proposes that the 1% own the public currency supply, and then lease fiat to the serfs .. er, "citizens". :(Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-13153955113420069992013-04-28T22:06:47.523-04:002013-04-28T22:06:47.523-04:00And there is no govt plan to provision that large ...And there is no govt plan to provision that large 'net liability cohort' with balances to be able to pay the P&I... eventually it just shuts down...<br /><br />rsp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com