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No they don’t. Every dollar the government spends is a brand new dollar. You can’t save up money in a currency that you issue. As a fiat currency issuer, you h
by CraigJPerry 2y ago
No they don’t. Every dollar the government spends is a brand new dollar. You can’t save up money in a currency that you issue.
As a fiat currency issuer, you have two options, you can create money for circulation (government spending) or you can destroy money and it’ll never circulate again (taxation).