How to solve a debt problem?

January 6, 2013 § Leave a comment

First, you print money. If that does not work, print more money. If even that does not work, mint a trillion-dollar coin. For the final act, mint dozens of trillion-dollar coins or exercise the nuclear option (-5% interest rate). I guess it’s nice to have options. 

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You are currently reading How to solve a debt problem? at Good Morning, Mr. Simon.

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