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According to Modern Monetary Theory, debt levels do not matter. Japan has sustained a 200% debt-to-GDP level for decades. I don't think the US has very much to
by purpleblue 3y ago
According to Modern Monetary Theory, debt levels do not matter. Japan has sustained a 200% debt-to-GDP level for decades. I don't think the US has very much to worry about for a while, despite all the fearmongering.
- applied_heat 3y agoWhat if interest rates approach the levels seen in the 80’s?