Steve C.
@neuterthedebt
Steve Conover. Retired. Skeptical optimist. Repulsed by: groupthink. Inspired by: scientific method; innovation.
My book (free): t2m.io/R6xaRFYp
ID: 2912688150
https://tinyurl.com/vnc84q1t 28-11-2014 12:25:38
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The Rabbit Hole BS. This is 'The Odometer Fallacy': fearing a stock instead of a flow. Fearing 'debt' instead of 'debt affordability.' Better would be a 'Speedometer' metric: measuring the rate at which we're adding debt, and whether that rate is affordable. Times Interest Taxed; Debt-to-GDP.