3 ms·
Don't confuse currency with wealth.
by ctdonath 14y ago
Don't confuse currency with wealth.
- gph1 14y agoI'm not. The private sector generates wealth. One purpose of the government is to facilitate that wealth creation by running deficits to ensure there is sufficient demand for what our productive output supplies (due to growing capacity, income leakages from savings and trade deficits, distributional inequalities, etc)