Love the posts about the national debt! It's such a misunderstood topic it's good to see discussion about it.
While the whole thing overall is a bit counter-intuitive, I think this statement is a good way to get the general point across. Debt isn't irrelevant, but it's a small piece in the puzzle
Inflation is inevitable, but should be managed.
As long as inflation outpaces the interest rate on national debt the U.S. is effectively making money by carrying debt.
While the whole thing overall is a bit counter-intuitive, I think this statement is a good way to get the general point across. Debt isn't irrelevant, but it's a small piece in the puzzle
The checkbook is only infinite if you don't care about inflation.
Inflation is inevitable, but should be managed.