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01/28/2013

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C Maine

Government borrowing sets a bad example to the public to some degree as there are many individuals also in debt. There is a culture of borrowing.

The Arthurian

Sir, I see your note there about URLs being linked automatically... but I didn't see it before. As I see no other comments after mine, I will append.

1. Should have said debt is in some sense an indicator of the incorrectness of policy.

2. For notes on "total debt relative to the quantity of circulating money" see
http://newarthurianeconomics.blogspot.com/2011/03/dpd.html

3. For my iceberg graph see
http://newarthurianeconomics.blogspot.com/2010/08/growth-in-time-of-icebergs.html

Art

matt andrews

Thanks for the comments All really interesting and valid.

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