10-12-2020, 09:58 AM
(10-12-2020, 08:55 AM)BostonCard Wrote: Japan's Government debt accounted for 214.4 % of the country's Nominal GDP in Jun 2020, and it is struggling with deflation, not inflation.
BC
Who owns Japan's debt? The Bank of Japan?
And if a country can go into so much debt, why the hell not just print money and give it to everyone? Make it like a Monopoly game. Every year, everyone gets I don't know, $20,000 as UBI. That would make more sense than the insanely rigged and stupid system now run by central banks.