The budget has to be in defecit, or else the whole system falls apart. That’s the modern system of fiat money—it’s based on continued issuance through deficit spending. Just not too much deficit or you end up in hyperinflation.
The budget has to be in defecit, or else the whole system falls apart. That’s the modern system of fiat money—it’s based on continued issuance through deficit spending. Just not too much deficit or you end up in hyperinflation.