Every £ of UK govt debt, is a £ saved in someone's bank.
How is that leaving our kids with a bill, rather than two assets: a pound in savings and a pound's worth of whatever the govt bought with the original £ it spent?
#MMTers need not answer.
How is that leaving our kids with a bill, rather than two assets: a pound in savings and a pound's worth of whatever the govt bought with the original £ it spent?
#MMTers need not answer.