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RE: Is everyone wrong on the National Debt? Should we embrace it rather than fear it?

in #money8 years ago

We don't even have to sell Treasuries to run a deficit. We can just create the money. And if those new Dollars are met with rising amounts of goods and services and overall output, productivity then inflation risks will be limited. We should nationalize the Federal Reserve and start lending to states and municipalities for massive infrastructure upgrades.