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It's essential to the way the system works. One person's money is another person's debt. Normally the government would take on enough debt to ensure everyone ha
by direwolf20 10mo ago
It's essential to the way the system works. One person's money is another person's debt. Normally the government would take on enough debt to ensure everyone had money, but the USA is a weird case.
- lotsofpulp 10mo agoMoney and debt are just mechanisms to allocate resources. The government can print infinite money like Zimbabwe and it wouldn’t matter if there aren’t enough resources to allocate.