weirlavu@lemmy.world to Comic Strips@lemmy.world · 4 months agoSame BS every yearlemmy.worldexternal-linkmessage-square96fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkSame BS every yearlemmy.worldweirlavu@lemmy.world to Comic Strips@lemmy.world · 4 months agomessage-square96fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up0·4 months ago(Stupid question) Why would they print more money instead of just having a higher deficit until congress increases taxes on the poor?
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkarrow-up0·4 months agoIt’s the same thing really. When they run a deficit, they’re paying money to somebody, so that money enters circulation causing inflation.
(Stupid question) Why would they print more money instead of just having a higher deficit until congress increases taxes on the poor?
It’s the same thing really. When they run a deficit, they’re paying money to somebody, so that money enters circulation causing inflation.