weirlavu@lemmy.world to Comic Strips@lemmy.world · 1 day agoSame BS every yearlemmy.worldimagemessage-square109fedilinkarrow-up1988arrow-down137
arrow-up1951arrow-down1imageSame BS every yearlemmy.worldweirlavu@lemmy.world to Comic Strips@lemmy.world · 1 day agomessage-square109fedilink
minus-squareexplodiclelinkfedilinkEnglisharrow-up1·4 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-up2·4 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.