mozz@mander.xyz to Political Memes@lemmy.worldEnglish · edit-210 months agoChoices and Consequencesmander.xyzimagemessage-square170fedilinkarrow-up11.31Karrow-down180
arrow-up11.23Karrow-down1imageChoices and Consequencesmander.xyzmozz@mander.xyz to Political Memes@lemmy.worldEnglish · edit-210 months agomessage-square170fedilink
minus-squareAgileLizardlinkfedilinkarrow-up1arrow-down3·10 months agoYou realise that debt of the government is equal to wealth in the private sector? Being debt-free would mean that there is no central bank money in circulation. How would this help the actual economy?
minus-squareBarqsHasBite@lemmy.calinkfedilinkEnglisharrow-up1·10 months agoThat’s not how it works at all.
minus-squareAgileLizardlinkfedilinkarrow-up1·edit-210 months agoOk, then explain how it works. Where does money in circulation come from?
You realise that debt of the government is equal to wealth in the private sector? Being debt-free would mean that there is no central bank money in circulation. How would this help the actual economy?
That’s not how it works at all.
Ok, then explain how it works. Where does money in circulation come from?