2min chapter

The Jordan Harbinger Show cover image

794: Alastair Smith | The Dictator's Handbook Part One

The Jordan Harbinger Show

CHAPTER

Debt Relief

If you and I borrow, we think I borrow the $100 today is having the $100 to pay back $200 tomorrow. Is it worthwhile? But now let's suppose you're going to do the same borrowing, but you just have to reward 1% of the population as opposed to everybody. You could be borrowing on projects that are 100th of the value that they would be if you thought of did it on a sort of national incentive basis. It's actually staggering to me that countries don't even borrow more for democracies and everybody. And yet we have set up the system of letting people off the hook by debt relief.

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