Chris Burford wrote: > "The only part of the so-called national wealth that actually enters into > the collective possessions of modern peoples is - their national debt" > paras 11 and 12 of Chapter XXXI of Capital Vol 1
Since the people (here & abroad) own IOUs that the government issues, the latter should be called the _government's_ debt. From the point of view of the owners of that paper, it's an asset. -- Jim Devine / "Nobody told me there'd be days like these / Strange days indeed -- most peculiar, mama." -- JL. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
