this post was submitted on 05 Sep 2023
16 points (90.0% liked)
US News
2253 readers
51 users here now
News from within the empire - From a leftist perspective
founded 6 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What problems are caused by to much Dept/Printing? I dont see the consequences. Its not Inflation Japan has the Highes Dept/GDP and can bearly get out of deflation.
I agree with Michael Hudson's take on the issue
https://www.nakedcapitalism.com/2023/06/michael-hudson-on-the-us-economy-surprisingly-resilient-or-potemkin-village.html