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> “We just owe it to ourselves” is a propaganda line. There must be more productive uses for those funds than paying interest. There are! One of the most prod
by kube-system 2y ago
> “We just owe it to ourselves” is a propaganda line. There must be more productive uses for those funds than paying interest.
There are! One of the most productive uses of buying your own treasuries is the ability to manipulate the entire economy as a whole.
https://en.wikipedia.org/wiki/Quantitative_easing https://en.wikipedia.org/wiki/Quantitative_easing