Looking at US history, we have fluctuated between significant deficits and moderate surpluses though it often takes a while to get from one end of the spectrum to the other. We certainly have been venturing deeper into deficits 2000, but I don't know that means it can't tilt back the other way.
You are right that the money printing trap is a very old phenomenon.
Looking at US history, we have fluctuated between significant deficits and moderate surpluses though it often takes a while to get from one end of the spectrum to the other. We certainly have been venturing deeper into deficits 2000, but I don't know that means it can't tilt back the other way.
You are right that the money printing trap is a very old phenomenon.
Looking at US history, we have fluctuated between significant deficits and moderate surpluses though it often takes a while to get from one end of the spectrum to the other. We certainly have been venturing deeper into deficits 2000, but I don't know that means it can't tilt back the other way.
You are right that the money printing trap is a very old phenomenon.