August 12, 2018
PITY THE POOR VALETUDINARIANS:
Debt servicing costs (interest payments) net of GDP and population growth have been remarkably stable over the 20th century. For 70% of the post-war period the US actually had net negative fiscal cost of debt. A runaway scenario seems really unlikely. https://t.co/DZ2Qm3cFbd pic.twitter.com/1bUxaaoSUq
— Samuel Hammond 🥑 (@hamandcheese) April 20, 2018
Posted by Orrin Judd at August 12, 2018 10:05 AM