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Why debt matters

Bernard Hickey talks to Professor Steve Keen about asset prices, debt, and a 'modern debt jubilee'

13th Oct 12, 10:27am

by David Chaston

Bernard Hickey talks to Professor Steve Keen about asset prices, debt, and a 'modern debt jubilee'

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I have consulted a concordance of the Bible. Apparently the word ‘budget’ does not appear in either the Old or New Testament. The word ‘balance’ does appear about eight times, but never in connection with fiscal policy.

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