• Sotuanduso@lemm.ee
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    6 months ago

    That would mean rich donors end up “lending” money to the government for “no interest”. I’m sure in return they would receive zero favors or benefits of any kind.

    That can happen under just about any system.

      • KevonLooney@lemm.ee
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        6 months ago

        Exactly, and no it can’t “just happen under any system”. Right now the US government is giving out 5.1% interest on risk free Treasury Bills. There’s literally no way to bribe the Treasury with free money because everyone and their dog is rushing to lend the government money at those rates.