250 billion debt how do we pay it back?, page-5

  1. 10,404 Posts.
    "I'm not sure of your numbers. My understanding is that current debt is around 150B, with the extra 100B being the estimate for if we leave Labor in for another term. Money supply does require some govt debt - I'm guessing at 50B"

    let's say that 100B extra on top of the present 50B

    100B no problem when Labor realises that you can print that.

    Imagine their eyes, glossy with excitement when they discover what the term 'quantitative easing' means.

    Print....print..print..print..print..print...,.....
 
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