This is a very well written argument. Any time government makes borrowing some asset easier, it gets abused. Subsidies, barring few exceptions are bad for the e

This is a very well written argument. Any time government makes borrowing some asset easier, it gets abused. Subsidies, barring few exceptions are bad for the economy and now-a-days there seems to fairly unanimous agreement among economists about the same. Economist has presented a well written argument here: https://www.economist.com/news/briefing/21651220-most-western-economies-sweeten-cost-borrowing-bad-idea-senseless-subsidy https://www.economist.com/news/briefing/21651220-most-wester...