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Who will swallow the Corona virus debt? The rich or the poor?
#25
RE: Who will swallow the Corona virus debt? The rich or the poor?
Governments don't have bank balances. Government debt is different from individual debt. Paying it back is a misunderstanding of that difference. Individuals handle debt by supplying money, governments by adjusting economic policy. The former requires resources, the latter does not.
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RE: Who will swallow the Corona virus debt? The rich or the poor? - by Angrboda - November 24, 2020 at 11:55 am

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