I’m so relieved. Sounds like it’s only transitory
“I’m so relieved. Sounds like it’s only transitory”
It’s transitory if it’s being done with borrowed money. That money has to sometime be paid back with interest.
And in the article posted, the author says nothing about the borrowing that’s going on — thus an incomplete picture.
Last week’s Wall Street Journal had a nice big article about how well the economy’s doing. Not a word about the borrowing (sometimes called money creation, or quantitave easing) that’s going on.