How will we repay our vast debt pile? Do we even need to? — David C Stevenson

Summary:
And the fact that we are even discussing a once-outlandish theory such as MMT so openly today stems precisely from the difficulties that central banks have encountered in generating sustainable inflation.So while it’s certainly an issue to watch, it’s perhaps also wise to be wary of taking an inflationary future for granted....Money WeekHow will we repay our vast debt pile? Do we even need to?David C Stevenson in association with PIMCO

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