Freedom from National Debt

Freedom from National Debt #2020

Freedom from National Debt America is unjustly worried about national debt believing it can no longer do the many things that mark it as a great nation Discussions of national undertakings including infrastructure repair jobs
  • Title: Freedom from National Debt
  • Author: Frank N. Newman
  • ISBN: 9781626520387
  • Page: 150
  • Format: Paperback
  • America is unjustly worried about national debt, believing it can no longer do the many things that mark it as a great nation Discussions of national undertakings including infrastructure repair, jobs programs, military modernization, and disease prevention have all been stifled through fear of insolvency America has convinced itself that it can no longer afford, asAmerica is unjustly worried about national debt, believing it can no longer do the many things that mark it as a great nation Discussions of national undertakings including infrastructure repair, jobs programs, military modernization, and disease prevention have all been stifled through fear of insolvency America has convinced itself that it can no longer afford, as a nation, to do many of the productive things that it has done so well over its history That s a great shame, because America remains a nation of tremendous resources in every sense, and the underlying assumptions about U.S government financial instruments are not correct America can never face the debt problems of nations like Greece, thanks to its fundamentally different financial system.This short book explains why such fears should not hold back America, and why even the expression national debt is neither meaningful nor appropriate for the United States.
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      150 Frank N. Newman
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      Posted by:Frank N. Newman
      Published :2020-05-24T11:27:05+00:00

    572 Comment

    This book is a useful explanation of the strong eonomic underpinning to progressive arguments that Treasury securities should be offered during downturns to stimulate the economy The author, whose economic credentials are almost unmatched, persuasively argues that the very term national debt is wrong and that Treasuries are valuable ways to protect national assets as well as make use of the productivity gains of the future But even though the author writes a step by step exposition in language [...]

    Short book very informative I m going to have to read it a couple times in conjunction with other books We will never pay off the debt and it doesn t matter I guess is the idea And playing with the debt limit is idiotic.

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