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Agreed. If a government never intends to reduce its debt load, it may as well just start printing money outright and giving it to their friends. In fact that wo
by jongjong 3y ago
Agreed. If a government never intends to reduce its debt load, it may as well just start printing money outright and giving it to their friends. In fact that would be fairer because debt creates an artificial burden on the shoulders of the population who then has to pay a second time for all that mismanagement and/or corruption. First they pay through inflation, secondly they pay through enslavement to repay the debt which backed the inflation which enriched those who are now enslaving them.