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by kevinali1
3589 days ago
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Agreed. It's like:
America: "Kid's here have a better chance of becoming super-rich or super-powerful - maybe even President.. Forget about health care and income equality" Europe: "Whatever, everyone here is middle class, self-fulfilled and happy... Forget about balanced budgets, unemployment and negative interest rates..." Rest-Of-World: "Dammit, I just want to survive..." |
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You can forget about balanced budgets. If you print a currency you borrow in, you never have to worry about insolvency. Ever.
Unless you're one of those kooky economists who predicted Japan would experience full on hyperinflation in the 90s. Then again in the 2000s. Then again in the 2010s...