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You want increased growth? Governments currently are forced to limit their spending to 103% of their budget. This will, essentially by definition, being (much)
by spwa4 1y ago
You want increased growth? Governments currently are forced to limit their spending to 103% of their budget. This will, essentially by definition, being (much) less than inflation, reduce money in circulation.
Increase that to, oh, say 105%, and it'll turn around fast. And debt, which is more or less the single leftover untaxed source of income for the EU's rich, will lose value far faster. This will then immediately make it much harder for the EU's countries to lend, which will therefore immediately achieve exactly what conservatives claim they want.