3 ms·
Hard to take anyone seriously who repeats the cartoonish idea that claiming budgets matter for governments is a fallacious attempt to conflate a government with
by anm89 5y ago
Hard to take anyone seriously who repeats the cartoonish idea that claiming budgets matter for governments is a fallacious attempt to conflate a government with a household. It is ironically an absolutely fundamental failure to understand the basics of public finance.
If only someone had informed Zimbabwe that they could have kept on printing because government debts don't matter when you print your own currency.
Anyway, believe whatever you want to believe. Americans who run their personal finances like dollar hegemony will keep them wealthy forever will pay the price in the end.