• HubertManne@piefed.social
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    3 hours ago

    yeah thats pretty much the print money part. when they are negative and when we borrow from ourselves, which we do, well then you have to lose money for having it invested with us. Much of that self investment btw is social security and such. thats how you get negative.

    • marcos@lemmy.world
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      2 hours ago

      It is printing money but it’s different.

      It’s letting the banks print money, as much as they want. When the government go and prints the money directly, the banks also print some, but at least the government gets a small share of it.