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This would effectively lead to the government refinancing all creditors to a higher interest rate. The government doesn’t have the money lying around. The only
by lumost 4y ago
This would effectively lead to the government refinancing all creditors to a higher interest rate. The government doesn’t have the money lying around.
The only way the government could do such a thing is to either massively increase the deficit or raise taxes. We are probably reaching the end of experimental finance policy being able to bail a business out.