Government Bond Basics (MMT 3)

Fri 4 Sep 2020

Brian Dennehy

Membership Level | member

Market commentary

Governments very seldom have enough money, even after tax receipts, as the demands of the population grow every year. So they borrow money, in the form of bonds, and this debt mountain grows year after year. This is having widespread and unintended consequences on voters and taxpayers and consumers. Why?

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