What are the real-world economic consquences of a huge national deficit? 1.48K viewsDecember 31, 2023 Question100.55K October 23, 2023 0 Comments I’m a middle aged dude with a family, own a house, have four kids, investments, all the adulting things. However, I’m still not sure how a multi-trillion dollar national defecit seeps down to affect my day-to-day life In: 492 35 Answers ActiveNewestOldest Anonymous Posted October 23, 2023 0 Comments Well, if you subscribe to Modern Monetary Theory, then nothing. If the US has a debt, they can print the money to cover it. I guess, the biggest impact is inflation. You are viewing 1 out of 35 answers, click here to view all answers. Register or Login
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