Re:A $9T corporate debt bomb is 'bubbling' in the US economy
by kryogen1c on Monday December 17, 2018 @09:43AM
(#18699199)
> But, the second interest is being charged then the demand of money back exceeds the actual money supply.
Not true, and I'm having a hard time finding your argument. You think if I loan you 1$ at 0% that's fine, but 1$ at 1% now exceeds the world's money supply? Even debt > total money supply is payable as long as interest payments are < payments being made.
> once you get on this treadmill it just goes faster and faster and faster, and there is no way to get off without a disaster (bubble).
Not strictly true. I have taken on debt with interest and paid that debt. Why is a disaster needed?
Not true, and I'm having a hard time finding your argument. You think if I loan you 1$ at 0% that's fine, but 1$ at 1% now exceeds the world's money supply? Even debt > total money supply is payable as long as interest payments are < payments being made.
> once you get on this treadmill it just goes faster and faster and faster, and there is no way to get off without a disaster (bubble).
Not strictly true. I have taken on debt with interest and paid that debt. Why is a disaster needed?