All Posts Tagged With: "Peter Thiel"

Just to recap, government borrowing draws away capital from businesses that might use it to invest in productive projects that generate a real return. What you get in return is higher debt, probably higher interest rates, and people who’ve never really had to earn a paycheck or meet a payroll deciding how to allocate capital. And you still think it’s a good idea?

October 1st, 2009 | Dan Denning | 6 comments | Continued