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> Bonds have an interest rate on them Exactly, and bonds are included in government debt. Hence this statement is wrong: > Government debt have no interest A
by username90 6y ago
> Bonds have an interest rate on them
Exactly, and bonds are included in government debt. Hence this statement is wrong:
> Government debt have no interest
Also this statement is also wrong, since government bonds aren't money in circulation:
> National debt is simply the amount of the national currency in circulation.
Another proof about this statement being wrong: Sweden has currency worth just 1.26% of GDP in circulation, but about 35% of GDP in debt. If what you said was true that would be an impossibility. You are trying to spread falsehoods and even contradict yourself, that is a fact.
Source: https://en.wikipedia.org/wiki/Swedish_krona https://en.wikipedia.org/wiki/Swedish_krona
- Scandiravian 6y agoThe 1.26% are physical coins and banknotes. As I've stated before, the vast majority of currency is digital