How can we afford society? Government money that is not used for production to satisfy societal and human needs in a socio-ecologically sustainable manner is wasted. The government must run a deficit to make the economy expand. That's how we get along with society. If the state, which can print money, does not do this sufficiently, it leads to austerity policies in the rest of the public sector and society. Instead, money is created by people and companies borrowing from private banks in order for money to be created.
https://positivapengar.se/professor-keen-government-deficits-increase-private-investments
#deficit #surplus #sparailadorna #austeritypolicy #school #care #care #public sector #high economy
Or expressed in another way: If the state is to make a profit, society must make a loss in order for the accounts to be correct.