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They pay for it by spending the money - which induces higher production, higher sales - and higher taxes without ever changing the tax percentage. There isn't
by neilwilson 4y ago
They pay for it by spending the money - which induces higher production, higher sales - and higher taxes without ever changing the tax percentage.
There isn't a fixed amount of stuff, nor a fixed amount of money. Otherwise turnover, ie GDP, would never rise.
Don't get your stocks and flows mixed up.