mozz@mander.xyz to Political Memes@lemmy.worldEnglish · edit-21 year agoChoices and Consequencesmander.xyzimagemessage-square199fedilinkarrow-up11.35Karrow-down182
arrow-up11.27Karrow-down1imageChoices and Consequencesmander.xyzmozz@mander.xyz to Political Memes@lemmy.worldEnglish · edit-21 year agomessage-square199fedilink
minus-squareAgileLizard@lemmy.mllinkfedilinkarrow-up1arrow-down3·1 year 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-up1·1 year agoThat’s not how it works at all.
minus-squareAgileLizard@lemmy.mllinkfedilinkarrow-up1·edit-21 year 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?