I’ve had some great discussions with a friend of mine about your work. Working as a risk manager on Wall Street, he remembers your work getting some interest prior to the pandemic in some circles. /1
Regretfully, he believes that any enthusiasm was lost with the advent of COVID and the inflationary pressures that were experienced in response to stimulus and government spending; “it was a real experiment of her theories but the consequences (inflation) scared everyone off. /2
National debt like corporate debt and $ as shares.
If a company needs to grow, it can borrow $ or Issue more shares.
Growth solves dilution problem.
Interest payments on debt reduces capitol for growth.
The interest payments on our debt is unsustainable. Taxes can lower debt.
Comments
If a company needs to grow, it can borrow $ or Issue more shares.
Growth solves dilution problem.
Interest payments on debt reduces capitol for growth.
The interest payments on our debt is unsustainable. Taxes can lower debt.