Is creating money to cover a budget deficit a good or bad idea? Explain your answer.

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12-05-2022
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Is creating money to cover a budget deficit a good or bad idea? Explain your answer.

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meganspalding21 meganspalding21 · Answer 1 · 2022-05-12T07:46:50+02:00

meganspalding21 meganspalding21

12-05-2022

Creating money to cover a budget deficit is a bad idea because it creates inflation of the countries currency. Inflation devalues currency on the international market so it would cause more harm than good.

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