• workerONE@lemmy.world
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    10 months ago

    When the federal government spends it is creating money with the press of a keystroke. It is essentially putting money into circulation. And that money is going to American businesses that make weapons and technology which is then sent to Ukraine. Those American businesses employ American workers.

    Government spending creates money, it doesn’t create debt. Too much government spending could create inflation though.

    • Rockyrikoko@lemm.ee
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      10 months ago

      Any amount of money printing in this context adds to inflation. Every dollar printed devalues the rest