Mike's Daily Comment
Can we really afford the massive debt our governments are running up? what are the consequences? In a rare interview, The Parliamentary Budget Officer, Yves Giroux gives us some no BS, no political spin answers. Plus a head scratching goofy.
With the absurd assumption that all are equally effective – and the cost doesn’t matter.
Some staff at Penguin Random House broke down and cried at the thought of publishing Jordan Peterson’s sequel to the mega best seller 12 Rules for Life. Incredible, with all that’s going on, this is what they’re crying about.
(Photo: Etsy)
So how are governments going to pay off all that debt? By printing money – the big question is will it be worth anything. Judging by the rise of gold, silver, and bitcoin… not as much.
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Why Isn’t the Federal Government Locking In The Record Low Interest Rates?
Posted by Michael Campbell
on Monday, 30 November 2020 10:14
As the Parliamentary Budget Officer explains – they are no takers. And that’s suggest a much bigger problem.