weirlavu@lemmy.world to Comic Strips@lemmy.world · 9 days agoSame BS every yearlemmy.worldexternal-linkmessage-square100fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkSame BS every yearlemmy.worldweirlavu@lemmy.world to Comic Strips@lemmy.world · 9 days agomessage-square100fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up0·8 days 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-up0·8 days 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.