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Let's just say something breaks and we're in a recession (declining GDP, declining immigrants, declining production, declining population). What happens then?
by NTDF9 8y ago
Let's just say something breaks and we're in a recession (declining GDP, declining immigrants, declining production, declining population).
What happens then?
- tonyedgecombe 8y agoTurn on the printing press. As long as the debt is in your own currency it isn’t a problem. If you don’t control your currency (think of Greece in the Euro) then it’s another matter. The same if you borrow in a foreign currency.
- faileddev 8y ago>Turn on the printing press This is nothing more than a form of taxation.