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Is the new money financing additional losses?
This refers to pure money financing of the deficit.
The notion of overt money financing, to take one example, is edgy but also very old.
In 1969, Milton Friedman argued that money financing could provide an alternative to Keynesian debt financing.
And European governments spend taxpayers' money financing groups encouraging them to do so.
"I believe that scientific results reached with public money should be accessible to all taxpayers who have paid for the public money financing those results".
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Less overt forms of money finance could be more palatable.
Drug money finances the FARC guerrillas and the paramilitary leaders.
The money financed production at a fashion district factory.
The money finances school for Sezibwa's six children.
Economics – What information should young people have about money, finances and business?
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