What If We Just Delete the U.S. Debt? đ
A New York Times contributor has suggested a rather unusual idea for dealing with the U.S. national debt: bringing back âamargi,â an ancient Sumerian practice of canceling debts.
Around 2400 BC, Sumerian rulers used debt cancellations when debt became too heavy for the economy. Basically: too much debt â cancel it â start again.
$BTC #Macro Insights#
A New York Times contributor has suggested a rather unusual idea for dealing with the U.S. national debt: bringing back âamargi,â an ancient Sumerian practice of canceling debts.
Around 2400 BC, Sumerian rulers used debt cancellations when debt became too heavy for the economy. Basically: too much debt â cancel it â start again.
$BTC #Macro Insights#
