{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/62ef9f1c81fbba00125b204d/63107fb63d71680011dd6e66?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Why government debt isn't a problem","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/62ef9f1c81fbba00125b204d/1660807404311-a50541b0120252f09b5f5ff90c388b06.jpeg?height=200","description":"<p>Joh Madden sent us a message saying he wants to understand, in simple terms, why the interest payments on public debt are not a problem. He points out how it is used to justify austerity because it intuitively makes sense to waste less money on paying interest. He wants to know why this interest is not a problem, and what if the money which the public owes keeps rising?</p>","author_name":"Steve Keen & Phil Dobbie"}