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xxpor
1941 days ago
> Just that it is a fallacy to think the government simply has infinite money to spend.
They create the money so they literally do. Doesn't mean it shouldn't be deployed wisely of course.
3 comments
dahfizz
1941 days ago
If you want to be pedantic, they have the ability to create infinite nominal dollars. They cannot create infinite wealth.
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criticaljudge
1941 days ago
If they print money, they devalue the money people already have, so in the end again it is the people, not "government", who pay.
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EvilEy3
1941 days ago
They "create" money out of your pocket.
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