crazymom3 profile image 81

What is the government doing to pay off the national debt? How is it being paid off?


 

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LandmarkWealth profile image87

Best Answer LandmarkWealth says

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3 years ago
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  • JohnfrmCleveland profile image

    John (JohnfrmCleveland) 3 years ago

    Debt follows GDP, not the other way around. Reinhart and Rogoff's paper is terribly flawed, and I'm not just talking about the spreadsheet errors that were found.

    http://pragcap.com/debunking-reinhart-rogoffs-grow...


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JohnfrmCleveland profile image81

John (JohnfrmCleveland) says

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3 years ago
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  • LandmarkWealth profile image

    LandmarkWealth 3 years ago

    Yet that didn't work in the Weimar Republic, numerous South American nations of the 70's, and the laundry list of failed fiat currencies throughout history

    http://globaleconomicanalysis.blogspot.com/2007/06...


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