Buc and the author will say personal debt and national debt are completely
different because the government creates money while we don't personally create our own currency. The issue I have with this "no debt matters" approach is inflation. Just because you can create/print money doesn't mean you should. If you print money, you devalue our currency. Then, the minimum wage has to be increased because the dollar doesn't go as far. You can't print your way to success.
|
(
In response to this post by trinitypirate)
Posted: 03/24/2021 at 12:32PM