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62 sats \ 1 reply \ @siggy47 OP 5 Mar \ parent \ on: When Money Dies In The 21st Century econ
No doubt. Every situation is different. The US motivation is massive government spending.
6 trillion dollars budget and increasing.
This should be the focus, deficits are noise.
All spending is taxation. Real tax is what government spends.
The problem today isn’t deficit spending but high spending in general.
Deficits are fine if total spending is low.
Keep your eyes on total spending, that is the critical metric
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