If they just printed it they wouldn’t be in debt. The capitalists have successfully introduced a system in which the government has to borrow money from private banks who borrow it from the central bank that prints it. Instead of just printing money, we now print money and pay interest on it to private banks.
If they just printed it they wouldn’t be in debt. The capitalists have successfully introduced a system in which the government has to borrow money from private banks who borrow it from the central bank that prints it. Instead of just printing money, we now print money and pay interest on it to private banks.