- 12 Jul 2021 01:07
#15180610
Yes, that's totally true, theoretically.
But I've rarely ever seen government actually buy something that was worthwhile with this borrowed money.
So many of these so-called "public investments" are not really true investments at all (or they won't adequately pay back). They just use that language as an excuse to spend and borrow.
XogGyux wrote:Is buying something on borrowed money a bad idea? Well, it depends. It depends on what you are buying, for what reason, who are you buying it from and who is lending you the money, and what are the terms.
Yes, that's totally true, theoretically.
But I've rarely ever seen government actually buy something that was worthwhile with this borrowed money.
So many of these so-called "public investments" are not really true investments at all (or they won't adequately pay back). They just use that language as an excuse to spend and borrow.