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“If something cannot go on forever, it will stop.” [Herbert Stein] Every dollar we spend on interest is not spent on investment.
by dandare 7y ago
“If something cannot go on forever, it will stop.” [Herbert Stein]
Every dollar we spend on interest is not spent on investment.
- wefarrell 7y agoWhen interest rates are lower than inflation you're not spending money on interest.
- glofish 7y agoHow would you know where the money earned as interest is spent?
- viburnum 7y agoThat’s not actually true. There more demand for liquidity than there are actual investments. That’s why government debt helps the economy. Same way poker chips help a casino.