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A balanced budget also means freezing the amount of money held by the public. This is not a problem free situation.

• 2Gkashmiri 4y ago
  come on. Why is BNPL taking off? no-cost emi? why should regular folk be given free access to credit to buy groceries and shit? remember, the interest is charged, it just gets added to the cost so everything gets expensive. if only "essential" stuff like buying a home or a business got a loan, things would be much cheaper because overall there would be less interest to pay.
  • deleted 4y ago
    [deleted]
  • mortehu 4y ago
    You are responding to a thread about federal budget balancing. This is not similar to balancing your own budget. If the federal government had no debt, the public would have no money.