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by matt4077
3361 days ago
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The idea is that there are certain investments that give good returns. Governments can currently borrow at rates pretty close to 0%–even negative rates have popped up here and there. And you would actually have to subtract inflation from that as well. So if some investment, say a new airport or funding for the National Science Foundation increases future growth even just slightly, it's perfectly fine to finance it with debt. |
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