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“Just a Theory”? It’s actually central economic thought. If you disagree, it’s on you to prove otherwise. Governments can print currency, create taxes - actu
by DrNosferatu 3y ago
“Just a Theory”?
It’s actually central economic thought. If you disagree, it’s on you to prove otherwise.
Governments can print currency, create taxes - actually inter generational (government bonds). Households cannot.
Economist Mark Blyth explains it quite clear:
http://gesd.free.fr/blythsenate.pdf http://gesd.free.fr/blythsenate.pdf