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by thoughtstheseus
1890 days ago
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The cost of debt has dropped would be a more accurate description. Well... just because you can take out more loans does not mean you should. The issue is really how long you can refinance the debt for, or can you outgrow the debt, otherwise you’ll be forced to inflate it away. The cost of financing will not be this low forever and it’s still a few hundred billion of interest each year. Still, we should spend money on infrastructure and cool tech while we can. |
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