Beeing deficit doesn’t have to mean that they print money, they can be deficit by taking higher and higher loans. Which comes with it’s own problems.
Beeing deficit doesn’t have to mean that they print money, they can be deficit by taking higher and higher loans. Which comes with it’s own problems.
irmoz@reddthat.com 8 months ago
I didn’t say printing money.
DarkMetatron@feddit.de 8 months ago
Yes, but I did in the text that you answered too. By the law of inference your answer was about printing money too, because my whole text was about that printing money out of thin air will create inflation.
irmoz@reddthat.com 8 months ago
“I mentioned printing money so now you’re talking about it too”
No
It doesn’t need to be printed. They just add the number to the digital bank account.
DarkMetatron@feddit.de 8 months ago
Adding money to a digital bank account is equal to printing money. You don’t have to physically print money to print money