The interest still needs to be paid. That requires revenue growth, taxes, or pri... | Hacker News

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		aibot923 11 months ago \| parent \| context \| favorite \| on: The young, inexperienced engineers aiding DOGE The interest still needs to be paid. That requires revenue growth, taxes, or printing money. Taxes and printing money makes everyone poorer - the IOUs of yesterday coming due. Japan has had many challenges over the past few decades.

amrocha 11 months ago [–]

Money creation is necessary in a healthy economy. It makes all of us richer when the government spends money on infrastructure.

tartuffe78 11 months ago | [–]

We're not spending money on infrastructure, we're spending it on entitlements.

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