3 ms·
It should all even out in the long run. As long as we’re in a deficit, spending for this program would directly increase the money supply. Of course there are
by rank0 2y ago
It should all even out in the long run.
As long as we’re in a deficit, spending for this program would directly increase the money supply. Of course there are other factors like velocity of money and elasticity of good/services but at the end of the day we’re increasing the amount of money (aka cash + credit) with no change to supply AND we’re going into debt to do it.