melvincarvalho on Nostr: A simple answer to this is to do it when the bonds come due. So, over 1 ,5, 10, 30 ...
A simple answer to this is to do it when the bonds come due. So, over 1 ,5, 10, 30 years. Instead of refinancing the debt, you just use QE to pay the principal and interest. At that point your national debt is reset to zero. And you dont need to borrow more, since deficits are normally the same amount as interest.
Published at
2025-03-03 07:43:31Event JSON
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