CyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 4 days agoModern Monetary Theorylemmy.worldimagemessage-square45fedilinkarrow-up1204arrow-down112
arrow-up1192arrow-down1imageModern Monetary Theorylemmy.worldCyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 4 days agomessage-square45fedilink
minus-squaremindlesscrollyparrotlinkfedilinkEnglisharrow-up1arrow-down3·3 days 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?