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Paid for? The only limit to spending on debt denominated in your own currency is inflation. It is literally the only risk. If that money is used productively, t
by SubiculumCode 6y ago
Paid for? The only limit to spending on debt denominated in your own currency is inflation. It is literally the only risk. If that money is used productively, then it won't cause inflation at all. I'd argue that preventing individuals from falling off economic cliffs would net an increase in productivity close to the amount spent into existence.