Papering Debt

Could the U.S. become Argentina? ” asks the Washington Times , and Instapundit links to a similar discussion from the Washington Post in 2005.

It’s a complicated question for economists to figure out, involving debt levels as percentage of GNP, but maybe there’s a simpler way to look at it. You’ve seen the new currency from the U.S. Treasury? The ugly weirdness of our new $100 bills says we already are Argentina.

Next
YOU MIGHT ALSO LIKE

Deliver Us from Evil

Kari Jenson Gold

In a recent New York Times article entitled “Freedom With a Side of Guilt: How Food Delivery…

Natural Law Needs Revelation

Peter J. Leithart

Natural law theory teaches that God embedded a teleological moral order in the world, such that things…

Letters

Glenn C. Loury makes several points with which I can’t possibly disagree (“Tucker and the Right,” January…