CyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 2 years agoModern Monetary Theorylemmy.worldimagemessage-square45linkfedilinkarrow-up1208arrow-down112
arrow-up1196arrow-down1imageModern Monetary Theorylemmy.worldCyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 2 years agomessage-square45linkfedilink
minus-squaremindlesscrollyparrot@discuss.tchncs.delinkfedilinkEnglisharrow-up1arrow-down4·2 years agoIt relies on the idea that, since the government can ‘print money’ to pay the interest on debts, it can borrow freely. What do you expect the lenders to do in response?
It relies on the idea that, since the government can ‘print money’ to pay the interest on debts, it can borrow freely. What do you expect the lenders to do in response?