CyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 2 months agoModern Monetary Theorylemmy.worldimagemessage-square44fedilinkarrow-up1208arrow-down112
arrow-up1196arrow-down1imageModern Monetary Theorylemmy.worldCyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 2 months agomessage-square44fedilink
minus-squaremindlesscrollyparrot@discuss.tchncs.delinkfedilinkEnglisharrow-up1arrow-down4·2 months 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?