67% of Aussies own their own home ; some outright and others paying off a mmortgage:
https://www.savings.com.au/home-loans/by-the-numbers-australian-home-ownership-tenancy-statistics
So when I say "we" I mean the majority (67%)
If the Government does not intend to pay down the Soverign Debt, then why is it paying interest on borrowings as per last year's budget.
The benefit of a 10 year Government bond at 1% interest and 2% inflation is obvious.
Charles Hugh Smith article on MMT (Modern Monetary Theory), page-39
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