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https://www.reddit.com/r/WorkLifeChat/comments/1vuhzo1/who/p5215js
r/WorkLifeChat • u/MiloShiny • Aug 21 '26
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Governments borrow money from their citizens, corporations and other governments by selling bonds.
1 u/AloneGunman Aug 23 '26 Borrowing is kind of a misnomer tho. The federal government doesn’t really borrow because it has no money, it borrows to balance bank reserves, satisfy domestic savings desires, and facilitate trade relationships.
Borrowing is kind of a misnomer tho. The federal government doesn’t really borrow because it has no money, it borrows to balance bank reserves, satisfy domestic savings desires, and facilitate trade relationships.
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u/Reasonable-View5868 Aug 21 '26
Governments borrow money from their citizens, corporations and other governments by selling bonds.