Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Just issue the required ammount of currency to pay for public works. This would be especially appropriate when the government is trying to pay for infrastructure development, and it would be subject to legislative oversight. After all, debt must be repaid using future tax revenue so bonds are just a way to spread out tax increases over time. And if issuing currency is inflationary, so is creating money through bank credit or debt issues.

Bush is a symptom, not the disease.
by Migeru (migeru at eurotrib dot com) on Fri May 11th, 2007 at 06:02:14 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Herd Immunity .. Filling the Gaps

by Oui - Jul 24
17 comments

LQD - Long Term Covid: The Brain

by ATinNM - Jul 13
28 comments

Say No to Racism

by Oui - Jul 12
26 comments

England surrenders to Covid

by IdiotSavant - Jul 9
27 comments

Occasional Series