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That might be a side effect, but I'm doubtful it's the cause. The main cause as I understand it is that the govt prints money to offset the gap between what it
by mritterhoff 29d ago
That might be a side effect, but I'm doubtful it's the cause.
The main cause as I understand it is that the govt prints money to offset the gap between what it collects in taxes and what it spends.
- dnautics 29d agoThat's not really right either. think about it this way: what would happen if the budget was balanced and the us suddenly had a surplus? you HAVE to print money, where is the interest on debt going to come from.