Discussion about this post

User's avatar
David's avatar

We don't have a debt problem. We have a debt project. It's just numbers in a spreadsheet, easily expandable so long as population is expanding, easily contracted if the population is shrinking. To say that future generations will need to pay for it is a misunderstanding of federal debt. Future generations will inherit the wealth, not pay for it.

Heterogeneous Agents's avatar

great article, Hanno

probably I missed it and you mentioned it somewhere, but in addition to debt, we will also have problems with ideas and growth..

3 more comments...

No posts

Ready for more?