weirlavu@lemmy.world to Comic Strips@lemmy.world · 1 day agoSame BS every yearlemmy.worldimagemessage-square111fedilinkarrow-up1999arrow-down138
arrow-up1961arrow-down1imageSame BS every yearlemmy.worldweirlavu@lemmy.world to Comic Strips@lemmy.world · 1 day agomessage-square111fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·7 hours 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-up2·7 hours 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.