Do you believe federal debt makes us worse off or better off? It isn't so simple.https://twitter.com/adamarice/status/968877871719763970 …
Assuming it could have been simpler, yes. But I'm not sure economics can be simplified beyond a certain point.
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It helps to focus on debt *monetization*. This is why hedge funds + left favor spending. One gets the wealth effect, the other takes power.
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Economics can be simplified as follows: The study of exchanging resources. Every economic law and concept builds off that. Can you think you think of one that doesn't?
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