tag:blogger.com,1999:blog-2098432983500045934.post2153825893942233067..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: Quarterly: Private Debt relative to Public DebtThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2098432983500045934.post-40826846983690718792021-03-18T08:33:03.960-04:002021-03-18T08:33:03.960-04:00If you are wondering what a scatter plot shows, th...If you are wondering what a scatter plot shows, the answer is simpler than you think. The scatter plot also has other names, such as a scatter plot, scatter plot, and correlation plot.<br /><a href="https://ppcexpo.com/blog/scatter-plot-examples" rel="nofollow">https://ppcexpo.com/blog/scatter-plot-examples</a><br />Home Serviceshttps://www.blogger.com/profile/07543425301717075457noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-71739381576850226442016-04-25T07:07:53.365-04:002016-04-25T07:07:53.365-04:00Hi Richard. Good question. Raising public debt wou...Hi Richard. Good question. Raising public debt would tend to be inflationary. Lowering private debt would tend to be deflationary. I do not see inflation and deflation as solutions. I see them as problems. I do not recommend either.<br /><br />The economy is always in motion. Therefore, if we can create a tendency, that will be enough. If by some new policy we encourage people (consumers and businesses) to pay down their debt at a faster rate, we will reduce the growth rate of private debt. That is all we need to do.<br /><br />Such a policy would tend to reduce inflation, and could be used for that purpose. I like the "symmetry" of it: I borrow, and then policy encourages me to reduce my debt. As opposed to what we do now: I borrow, and then they raise interest rates.<br /><br />We have many policies that encourage the use of credit, but we have no policy that encourages repayment of debt. This is why we have so much private debt today.<br />The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-21233672375239376172016-04-24T19:30:27.425-04:002016-04-24T19:30:27.425-04:00Should I conclude that raising the public debt and...Should I conclude that raising the public debt and lowering private debt are equally effective means of promoting good GDP growth?richardbmcgee@gmail.comhttps://www.blogger.com/profile/06702765610178916968noreply@blogger.com