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Populist Reform of the Democratic Party

jeff47

(26,549 posts)

5. They are a way to pay higher interest on government debt.

Reply to WDIM (Reply #1)

Mon Sep 14, 2015, 11:03 AM

Sep 2015

The government borrows money to build a road. It pays the "normal" interest rate on that debt. For the federal government, that's basically 0% interest at the moment.

The "infrastructure banks" would be set up by the government with some seed money, but most of the money would come from "investors". The money would be used to build that road, but the "investors" would receive a higher rate than "regular" debt.

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Creating one or more infrastructure banks is a vintage Democratic Leadership Council recommendation. [View all] merrily Sep 2015 OP

If they are Government owned banks used to pay contractors directly okay. WDIM Sep 2015 #1

I am not exactly sure. As the wiki article that I linked in the OP mentions, merrily Sep 2015 #4

They are a way to pay higher interest on government debt. jeff47 Sep 2015 #5

That is the scam WDIM Sep 2015 #7

In the main, yes. TheJames Sep 2015 #13

K&R! marym625 Sep 2015 #2

Thanks so much, marym625. merrily Sep 2015 #3

I love this group. marym625 Sep 2015 #6

Too kind. merrily Sep 2015 #8

I wrote a post 3 times marym625 Sep 2015 #9

Awww, I'm sorry. The new one is coming, s-l-o-w-l-y but surely. I can work on it only merrily Sep 2015 #11

I'll watch for it marym625 Sep 2015 #14

I posted it just a few minutes ago. It's long, though, so you may merrily Sep 2015 #15

Excellent post! marym625 Sep 2015 #18

Thank you and you're welcome. And you finished it almost a month ahead of Columbus Day, too. merrily Sep 2015 #19

Well, I have to check the links. marym625 Sep 2015 #20

You can just look at that material very quickly. merrily Sep 2015 #21

yeah, I do the same thing marym625 Sep 2015 #22

LOL! Bring it in. merrily Sep 2015 #23