Robert Borosage: "borrowing money and spending it, puts money into the economy, it doesn't take it out."
It certainly does take money out of the economy. Where do the payments on the compounding interest come from, but from the economy? Just because they are amortized does not mean that the payments don't exist- immediately.
There are two kinds of money. The first kind is earned, the second is borrowed. The government spends taxes and borrowed money, which is the more expensive of the two.
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