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Interest paid on government debt increases private wealth

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Manage episode 435743205 series 3475482
Content provided by Richard Murphy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Murphy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Many on the political right wing obsess about interest paid on government debt as if it disappears into some black hole. It doesn’t. It’s just interest paid on savings deposited with the government and there’s been nothing excessive about its overall cost of late.

  continue reading

115 episodes

Artwork
iconShare
 
Manage episode 435743205 series 3475482
Content provided by Richard Murphy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Murphy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Many on the political right wing obsess about interest paid on government debt as if it disappears into some black hole. It doesn’t. It’s just interest paid on savings deposited with the government and there’s been nothing excessive about its overall cost of late.

  continue reading

115 episodes

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