Solvency is maintained by means of a national debt, on the principle, 'If you will not lend me the money, how can I pay you. (Ralph Waldo Emerson)

Solvency is maintained by means of a national debt, on the principle, 'If you will not lend me the money, how can I pay you.

Ralph Waldo Emerson

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debt lend money national pay principle solvency means

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