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Interest paid on government debt increases private wealth
Manage episode 435743205 series 3475482
Many on the political right wing obsess about interest paid on government debt as if it disappears into some black hole. It doesn’t. It’s just interest paid on savings deposited with the government and there’s been nothing excessive about its overall cost of late.
186 episod
Manage episode 435743205 series 3475482
Many on the political right wing obsess about interest paid on government debt as if it disappears into some black hole. It doesn’t. It’s just interest paid on savings deposited with the government and there’s been nothing excessive about its overall cost of late.
186 episod
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