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Tag Archives: Carmen Reinhart

Economy / Fiscal policy

Vicious circles and the national debt

Posted on March 29, 2012 by wdportman1 • 1 Comment

By Will Portman Due to vicious circle effects, it becomes more and more expensive to pay off the national debt the more and more debt we accumulate, beyond the obvious fact that it’s a greater burden to pay back a greater sum of money. With each new dollar of deficit spending, we’re not merely digging … Continue reading →

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