Mnementh said:
Well, reality check: money IS made out of thin air. https://en.wikipedia.org/wiki/Fiat_money Basically the banks create money if you get a credit and the money is destroyed if you pay the credit back. The whole systems starts off by the central bank giving banks credits. So using fiat money to finance infrastructure instead of financing grwoing debts seems not completely irrational to me. |
It is irrational.
If government have been so corrupt and ineffective in managing money that was borrowed with interest.
How well will government spending money when they can borrow money endlessly.
Usually when governments spend a lot of money they spend more money he he.
Why doesn't the government just print money ? If governments need 100 billion can they just make it out of thin air to buy votes?
