...the interest rate paid on federal debt is currently less than the overall rate of price inflation — meaning Congress can essentially borrow money for less than nothing.
The ground is laid for all kinds of expansive policy. We have the money!
...the interest rate paid on federal debt is currently less than the overall rate of price inflation — meaning Congress can essentially borrow money for less than nothing.
The ground is laid for all kinds of expansive policy. We have the money!