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this post was submitted on 14 Jan 2024
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Money doesn't work the same way for government, banks or people.
For a country to take debt that gets spent inside the same.country usually leads to more spending of people on taxes and a lot of money gets returned.
A state doesn't work like a person, company or bank.
are you retarded? the money a government will get back is only a small fraction. it's peanuts. especially if people nominally profit from it, because the poor and the rich are exempt from many taxes. this is some bullshit you can only come up with, if you're working for a bank and want that sweet government money. you can go to hell, shill
As the only way to create money is for the central bank to grant the government a loan, it goes even further. If the government has no debt, nobody has any currency to pay with. It is a surefire way to destroy the entire economy.
Also Germany has been able to take on loans at interest rates well below inflation, or for some years even at negative interest rates. So it has gotten and still gets money in real terms from taking on government debts. You realize, that when you take out a loan for 1 Billion but you only have to pay back 900 Million, you made 100 Million?