Compound interest Quote by Michael Hudson

People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But…

— Michael Hudson

Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.

— Stanley Druckenmiller

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

— Bill Gross

Economic growth tends to require the taking of resources from the Earth. So something has to change on a debt-based economy.

— Gail Bradbrook

“Debts are subject to the laws of mathematics rather than physics. Unlike wealth, which is subject to the laws of thermodynamics, debts do not…

— Soddy Frederick

There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.

— Ray Dalio

The way to reduce the debt is by economic growth.

— Steve Mnuchin

When the economy's shrinking, providing jobs, spending on things like infrastructure can actually increase revenue and drive down debt. And then, there's going to…

— Barack Obama

Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can…

— Mark McKinnon

More and more money is being extracted from of the production and consumption economy to pay the FIRE sector. That's what causes debt deflation…

— Michael Hudson

Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society.

— Albert Einstein

Modern economies rely on debt, which encourages productivity and growth. But that system of credit requires consequences for debtors who default.

— Michael J. Knowles