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> The government is literally awash in cheap credit. --> infrastructure projects! If it is a given that money can be borrowed for basically zero interest rate
by D_Alex 15y ago
> The government is literally awash in cheap credit.
--> infrastructure projects!
If it is a given that money can be borrowed for basically zero interest rate, why not invest it at long term low yield infrastructure projects such as: roads/bridges, high speed trains, electrical distribution networks, or my personal favourite: scientific research.
- nooneelse 15y agoPreschools for children from low-income households also have a good return on the investment, according to that Planet Money episode... see them for their sources.