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Deficit spending doesn't make matter out of thin air. The things that are bought on credit are real, tangible things that exist.
by Teever 3y ago
Deficit spending doesn't make matter out of thin air. The things that are bought on credit are real, tangible things that exist.
- landemva 3y agoUSA munitions, which were bought on credit deficit spending, are really being exploded in Ukraine. Financed by USA tax payers and future tax payers. Yes, this is real physical destruction overseas, monetary destruction of US dollar, and GDP number goes up for the headline news shows.