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The fed is the one with the money printers. The federal government finances its operations through taxes and borrowing.
by karatinversion 4y ago
The fed is the one with the money printers. The federal government finances its operations through taxes and borrowing.
- starkd 4y agoThe congress sets fiscal policy that choose to fuel deficit spending.
- karatinversion 4y agoYes, and the deficit is equal to net government borrowing, because it is the part of expenditure financed through borrowing rather than taxes.