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To: The Duke of URLĀ© who wrote (91257)10/29/1999 11:43:00 AM
From: Harry Landsiedel  Read Replies (1) | Respond to of 186894
 
Duke of URL. Re: " It puts cash in the private sector, and if the private sector can use it less wastefully that the government it increases overall productivity and reduces inflation. I like that.

"If the government reduces the debt, they don't have to tax you as much to pay the interest. If they don't have to borrow new money to roll over the old money, that means there is less of a demand for loans, that means lower interest rates and more money available to the private sector." I like that too!

That all sounds very good to me. Where do I sign up?

HL