Yes, if r>g there is no ponzi scheme, but the government constantly increases its debt/GDP ratio as soon as it borrows. As for printing money to finance additional growth, I will leave that to you to figure out what is wrong with that suggestion.
Yes, if r>g there is no ponzi scheme, but the government constantly increases its debt/GDP ratio as soon as it borrows. As for printing money to finance additional growth, I will leave that to you to figure out what is wrong with that suggestion.
Yes, if r>g there is no ponzi scheme, but the government constantly increases its debt/GDP ratio as soon as it borrows. As for printing money to finance additional growth, I will leave that to you to figure out what is wrong with that suggestion.