The Problem of Too Much Money - by Judah - Be Wrong
bewrong.substack.com · 2,787 words · saved by 1 readers
yes, it’s a real thing. yes, i wish i had that problem too.
Some things in macroeconomics are not what they sound like. For example, when people hear that America is a few trillion dollars in debt, they assume that this is a terrible thing and that the American government and that its citizens must be very worried about this large hole in their wallet. I mean, if they had that much debt, they’d be pretty worried too. It seems like the kind of thing people should be more worried about. Why do they let it keep growing? Don’t they have to worry about paying it back? But America isn’t a person, it’s the largest empire in the modern world, and people…
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