alt Hacker NewsI feel like government borrowing sometimes and government borrowing more and more every year and never paying it down until the end of time or more likely bankruptcy are two different things
I feel like government borrowing sometimes and government borrowing more and more every year and never paying it down until the end of time or more likely bankruptcy are two different things
As long as you keep new borrowing below growth then you can do that indefinitely. The problem is when the next pandemic (or war) comes along you don't have much room to deal with it.