We refuse to lend to us

posted by
January 3, 2012
Cafe Hayek
by Don Boudreaux  
Posted in Commentary

"Why -- on the 'public debt is no significant burden insofar as we owe it to ourselves' hypothesis -- should adherents of this hypothesis worry about any reduced ability of government to borrow in the future? Any money not loaned to government tomorrow is not loaned by us; we still have that money." (01/02/12)

http://cafehayek.com/2012/01/we-refuse-to-lend-to-us.html  

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