this post was submitted on 11 Feb 2024
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submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/politicalmemes
 
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[–] [email protected] -2 points 11 months ago (1 children)

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?

[–] [email protected] 1 points 11 months ago (1 children)

That's not how it works at all.

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

Ok, then explain how it works. Where does money in circulation come from?