Let’s face it, the world is drowning in too much debt. In particular, constant deficit spending by governments and the stimulus measures of the financial crisis and the last recession have led to government debt levels that look unsustainable. Countries like the United State and the UK are now saddled with outstanding debt that exceeds GDP. And the key concern for the long run is whether this debt will ever be repaid and in what way?
We don’t “need” inflation
We don’t “need” inflation
We don’t “need” inflation
Let’s face it, the world is drowning in too much debt. In particular, constant deficit spending by governments and the stimulus measures of the financial crisis and the last recession have led to government debt levels that look unsustainable. Countries like the United State and the UK are now saddled with outstanding debt that exceeds GDP. And the key concern for the long run is whether this debt will ever be repaid and in what way?