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by SilasX
1692 days ago
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>Governments don't work like a household. What matters is borrow costs and use of funds. If a government can borrow and the net growth generated is greater than the interest rate on the debt, it's a good thing to borrow. Like any business debt. If that was an attempt to show a difference from households, I don't see it, since those thing are equally true of households. |
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A business spends to generate ROI.