Government deficits create private wealth 
It’s widely claimed that our national debt threatens the well-being and stability of the UK, which is quite absurd when the national debt exactly equates to the value of private wealth that the government has injected into the UK’s economy. Why is it that those talking about the national debt do not seem to know this stuff?
Funding the Future
Government deficits create private wealth
I have published the latest video in the Economic Truths series this morning. In it, I argue that it’s widely claimed that our national debt thre...