[p2p-research] The Advantages of Debt

Patrick Anderson agnucius at gmail.com
Sat Jul 17 14:54:06 CEST 2010


Every nation on earth could issue money for itself, but most all
choose to borrow instead.

What are some of the benefits of entering into debt in this way
instead of remaining solvent?

If you were president of a country, would you borrow money from
private banks, or would you issue the money your citizens need without
the advantages of debt?



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