Author Topic: How to keep the cost of Government debt low  (Read 3242 times)

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Philofacts

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How to keep the cost of Government debt low
« on: June 04, 2011, 08:12:20 am »
The Government doesnt want you to know what it is up to.
The Government is eroding the real value of the debt with policies designed to keep interest rates lower than inflation. 
It is known as Financial Repression - in other words stealing from savers!
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The Prophet

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Re: How to keep the cost of Government debt low
« Reply #1 on: June 04, 2011, 08:54:30 am »
It is the ONLY way the country can pay back such huge amounts. 
Let inflation reduce the debt and de value the currency.