Budget Deficit - What Is It, Formula, Vs Fiscal Deficit, Types
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Budget Deficit - What Is It, Formula, Vs Fiscal Deficit, Types
Guide to what is Budget Deficit. Here we explain its formula, vs fiscal deficit, its types, causes, effects, an example & how to reduce.
Oct 23, 2018
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#Deficit Spending Explained
Almost 50 years ago, Milton Friedman explained what politicians still try to hide: deficit spending isn't free money—it's just taxation by another name. When the government spends more than it collects, someone has to pay, but who picks up the check? You do. Through inflation—the hidden tax nobody votes for but everyone pays. | Free To Choose Network
Almost 50 years ago, Milton Friedman explained what politicians still try to hide: deficit spending isn't free money—it's just taxation by another name. When the government spends more than it collects, someone has to pay, but who picks up the check? You do. Through inflation—the hidden tax nobody votes for but everyone pays. | Free To Choose Network
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Here’s the honest truth after spending 4 Christmases in our RV — the pros, the cons, and why we keep choosing a simple, cozy holiday on wheels. 🌟 PROS of Christmas in an RV: 🎄 I can decorate the whole RV in under an hour. 🎄 Cleanup takes less than an hour too. 🎄 All my décor fits in one plastic tub tucked under our fifth-wheel bed. 🎄 I spent zero dollars on new decorations this year. 🎄 We spend less on gifts because we focus on experiences, not stuff — and our family has joined in, too. 🎄
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