Dessalines@lemmy.ml to World News@lemmy.ml · 2 months agoUS gov't is very afraid of BRICS and dedollarization, Trump insiders reveal. That's why he's attacking Brazilwww.geopoliticaleconomy.reportexternal-linkmessage-square52linkfedilinkarrow-up1217arrow-down16
arrow-up1211arrow-down1external-linkUS gov't is very afraid of BRICS and dedollarization, Trump insiders reveal. That's why he's attacking Brazilwww.geopoliticaleconomy.reportDessalines@lemmy.ml to World News@lemmy.ml · 2 months agomessage-square52linkfedilink
minus-squaregandalf_der_12te@discuss.tchncs.delinkfedilinkarrow-up10arrow-down1·2 months agoif the interest is just as high as the general inflation, then the government can just take out extra loans to serve the interest without actually increasing the real total debt, because the nominal increase in debt is just eaten by the inflation.
if the interest is just as high as the general inflation, then the government can just take out extra loans to serve the interest without actually increasing the real total debt, because the nominal increase in debt is just eaten by the inflation.