look guys all of you and all of the masses are scared shitless of being in debt but look, you can relax now because im explaining to you why it is good to borrow money with some real life scenarios. 1. say you have 1 million dollars to invest in a security that yields 10%... after a year you will have 1.1 million. a gain of 100,000 .1(1000000) = $100000 if your broker let you leverage 20 times and you invest 20 million in the same security, your gain is now 2,000,000 taking you from 10% to 200% .1(20,000,000)/1,000,000 = 200% the government works the same way, and takes on much less risk. a recession, representing a loss on investment, amplifies losses, but in a inflationary period like right now, borrowing produces more revenue. 2. the second scenario deals with the law of demand. hypothetically, pretend you have projects to fund worth 1 million dollars and you can borrow at 1% today or 5% a year from now. obviously you choose to lock in the low rate and have interest expense at 10,000 instead of 50,000. the prudent thing is to issue your debt now instead of later.