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Nothing. All government spending is done by printing out of thin air. That's how monetary system clearing works. It's offset by taxes collected and people savi
by neilwilson 5y ago
Nothing. All government spending is done by printing out of thin air. That's how monetary system clearing works.
It's offset by taxes collected and people saving in excess of borrowing (net financial savings).
If you want trillions in savings you have to have trillions in debt because the accounting needs to sum up to zero