3 ms·
> And here is where Japan is unique - they have managed to adjust to the debt servicing, Japan has recently been using its bank to capture more of the interest
by teslabox 9y ago
> And here is where Japan is unique - they have managed to adjust to the debt servicing,
Japan has recently been using its bank to capture more of the interest payments on its debt:
"Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too."
Sovereign Debt Jubilee, Japanese-Style - https://ellenbrown.com/2017/06/27/sovereign-debt-jubilee-japanese-style/ https://ellenbrown.com/2017/06/27/sovereign-debt-jubilee-jap...