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That's like saying people cannot save for free - because a government deficit is nothing more than the accounting counterparty of the excess savings of the non-
by neilwilson 5y ago
That's like saying people cannot save for free - because a government deficit is nothing more than the accounting counterparty of the excess savings of the non-government sector.
Since when did savings cause price changes?
What we have is less stuff being produced because of an increase in bureaucracy and shirking. If we got rid of the bureaucracy and sacked the shirkers, then prices would come back under control.
Or alternatively we can tax those in favour of bureaucracy and shirking, so that the transfer is 'fully funded'.