Farcical narratives about scorching interest on public debt
Receiving two trillion dollars in interest from the national treasury, where do Brazilian banks invest this money?
If they let it sit idle, they'll lose out to real inflation, which is twice the public property tax (IPVA).
No one asks where the banks protect this interest earned from the treasury for paying off national debts.
Tell me if it was really a good deal?
I can't imagine they're saving this money or spending it all.
There's no way they can spend two trillion.
So I think they invest it in gigantic businesses like oil and mining. This boosts the economy.
See, this interest talk is a rip-off!
What they're begging is for the government to not pay the debt and reinvest it, you see!
Of these two trillion, annual inflation will destroy at least fifteen billion!
So, they need a hedge, a protection against interest earnings. Where do they invest it?
Those who don't know the answer should hold back their tears.
A banker's life is about trying to find an app to offset this loss, otherwise it's just a leaky bucket.
Roberto da Silva Rocha, university professor and political scientist.
Nenhum comentário:
Postar um comentário