Reply To: Debt


Could it be that our high time preferences and trade deficits are a result of these policies? In other words maybe they are not the disease but a symptom? Are we not consuming a lot more than we normally would (or should) absent some of some of these conditions you mention? Is it ever possible to consume too much? Is it not sometimes healthier to save?

Sorry, I’m having a tough time grasping this. I appreciate your time!