2min chapter

Money For the Rest of Us cover image

Will Quantitative Tightening Lead To Even Greater Financial Losses?

Money For the Rest of Us

CHAPTER

What Happened When the Federal Reserve Runs a Budget Deficit?

When the government runs a budget deficit, wealth does increase. Luquidity doesn't increase cause the amount of cash in the economy doesn't change. But i'm 200 dollars richer, and my neighbor is only a hundred dollars poorer. That's what c e is.

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