Charles Hugh Smith article on MMT (Modern Monetary Theory), page-40

  1. moorookamick
    22,348 Posts.
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    23/07/20
    22:49
    Post #: 46049196
    "So, while the value of Australian government debt in dollar terms is historically high, the interest bill on that debt as a proportion of the broader economy is not. The government paid $14 billion in net interest payments on its borrowings last financial year.Apr 3, 2020"
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