Dialogue in Hell:
Twenty-First Dialogue

Machiavelli: I am afraid that you are somewhat prejudiced against loans;... modern economists today expressly recognize that, far from impoverishing the state, public debts enrich it. Will you allow me to explain how?
Montesquieu:.... I should first of all like to know from whom you will ask so much capital, and for what reason you will ask it.
Machiavelli: For that, foreign wars are a great help. In the great states, they permit the borrowing of five or six hundred millions; one manages so as to spend only half or two-thirds, and the rest finds its place in the treasury for domestic expenditures. (Will Eisner)

Dialogue in Hell: Twenty-First Dialogue Machiavelli: I am afraid that you are somewhat prejudiced against loans;... modern economists today expressly recognize that, far from impoverishing the state, public debts enrich it. Will you allow me to explain how? Montesquieu:.... I should first of all like to know from whom you will ask so much capital, and for what reason you will ask it. Machiavelli: For that, foreign wars are a great help. In the great states, they permit the borrowing of five or six hundred millions; one manages so as to spend only half or two-thirds, and the rest finds its place in the treasury for domestic expenditures.

Will Eisner

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