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)



Our Sponsors