Why government debt isn’t a problem (preview)
John Madden sent us a message saying he wants to understand, in simple terms, why the interest payments on public debt are not a problem. He points out how it is used to justify austerity because it intuitively makes sense to waste less money on paying interest – he wants to know why this interest is not a problem, and what if the money which the public owes keeps rising?
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You would enable a full-time dedicated research center to be established, to which you would have naming rights. My name would be there as well, to build on the visibility I've achieved through my long campaign for the reform of economics. We'd sign a publicly accessible contract pledging complete independence from commercial and political pressure.