weirlavu@lemmy.world to Comic Strips@lemmy.world · 3 days agoSame BS every yearlemmy.worldexternal-linkmessage-square117fedilinkarrow-up11.06Karrow-down139
arrow-up11.02Karrow-down1external-linkSame BS every yearlemmy.worldweirlavu@lemmy.world to Comic Strips@lemmy.world · 3 days agomessage-square117fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·2 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-up2·2 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.