#economics #money
government SPENDING creates money, in the same way as government TAXATION destroys money.
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Mark Wadsworth: Economic Myths: Governments don't issue currency., or more of one that the other.
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Dinero adds: "Government borrowing does not create money."
No it doesn't, but I never said it did. Read the post.
What I said was that <span>government SPENDING creates money, in the same way as government TAXATION destroys money.
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Posted by
Mark Wadsworth
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11:23
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