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>It would be wasteful not to borrow money at near zero rates Someone gave me this argument recently. Mostly because she would have made a couple thousand in fe
by scottlocklin 7y ago
>It would be wasteful not to borrow money at near zero rates
Someone gave me this argument recently. Mostly because she would have made a couple thousand in fees. I'd have been out tens of thousands in fees and interest. It wouldn't have done me a lick of good unless I had something amazing to invest in, which means I could have borrowed some money later.
The same actually does apply to the government spending dumb ass Saudi/Japanese tribute money. If they're not investing it in something useful for the future, it's just lighting money on fire.