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2026-08-21 08:49:56 UTC
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Spin D'Accord on Nostr: nprofile1q…pp227 "This debt is slowing growth" Debt doesn't slow growth if it's ...



"This debt is slowing growth"

Debt doesn't slow growth if it's going back into the economy -- see fiscal multipliers.

"pushing up interest rates"

Not necessarily so. We had a shrinking debt in the late-90s but rates were well over 7%.

"worsening inflation"

Not necessarily so. Japan has a debt-to-GDP ratio well over 200% and spent most of the last 3 decades at Zero Interest Rate Policy.