Alex Scott-Samuel
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dralexss.bsky.social
Alex Scott-Samuel
@dralexss.bsky.social
☮Politics as if people mattered☮
Reposted by Alex Scott-Samuel
We have a fiat currency. All money is created by the government. There is no need for the government to borrow to spend. The risk is inflation rather than insolvency. This risk is reduced by taxation which the government uses to destroy money. Borrowing is not a burden on the government. #MMT
November 27, 2025 at 10:30 AM