Massive borrowing to fund NZ’s economic recovery due to COVID-19 cannot be written off without the risk of worsening the crisis it was designed to meet.
Articles on printing money
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The Fed is spending up to US$2.3 trillion to help save the U.S. economy from the coronavirus recession. But where does all that money come from?
If it is so easy to fix a nation’s economic ills – just run the printing presses round the clock – then why doesn’t everyone do it?
