4 ms·
Subsets of HN do understand this. Subsets of HN just want to know how long before they need to withdraw their savings, or sell their position. I would say gro
by wanda 2mo ago
Subsets of HN do understand this.
Subsets of HN just want to know how long before they need to withdraw their savings, or sell their position.
I would say growth is even expedited with high allowances for borrowing/leverage, but at the cost of increasing systemic risk.
Obviously the people who will suffer from this are the taxpayers, who don't get a say in the matter, so no one is going to stop and consider whether it's a bad idea to continue issuing more and more debt.