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Posts Tagged: “Bob Murphy“
October 16, 2019
・Key Gold Headlines
Is the National Debt Really Just Money We Owe to Ourselves?
The national debt continues to spiral upward. It increased by another $1.2 trillion in fiscal year 2019. But Paul Krugman says it’s not that big of a deal. He downplayed the national debt in a tweet, claiming emphatically that “DEBT IS MONEY WE OWE TO OURSELVES.” This encapsulates a common Keynesian argument. Debt can’t really burden […]
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