TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

James K Galbraith : In Defense of Deficits

3 pointsby d4rtabout 15 years ago

1 comment

d4rtabout 15 years ago
I submitted this because it's a different viewpoint to those I've seen previously.<p>The point that countries with debt denominated in their own currencies are in a stronger position than others is valid, but I question the assertion that if inflation becomes the order of the day that there will always be buyers for sovereign debt.