yoiyok on Nostr: If the gov continues to borrow to finance spending, it can increase the amount of ...
If the gov continues to borrow to finance spending, it can increase the amount of money circulating in the economy, potentially leading to higher inflation.
The continued increase in debt can burden future generations, who may have to pay more taxes or face cuts to public services.
Published at
2024-10-03 13:02:22Event JSON
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