It's not so simple. Governments run huge deficits and debt is the primary means ... | Hacker News

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		rapsey on July 8, 2020 \| parent \| context \| favorite \| on: Loopy: a tool for thinking in systems It's not so simple. Governments run huge deficits and debt is the primary means of funding. Taxes are more of an inflation guard.

Sambdala on July 8, 2020 [–]

They specified Municipal and/or State governments which cannot monetize a deficit.

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