Debt Jubilees: Reshaping Finance and Redefining Winners

1 year ago
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Debt jubilees are a traditional remedy for the ongoing issue that governments cause. The historical practice of debt jubilees, their potential resurgence in modern times, the redistribution of wealth they entail, and the implications for government, corporate, and personal debt levels, along with the potential risks of inflation and the likelihood of a federal debt jubilee in response to the mounting fiscal challenges faced by the US government.

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