Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Just issue the required ammount of currency to pay for public works. This would be especially appropriate when the government is trying to pay for infrastructure development, and it would be subject to legislative oversight. After all, debt must be repaid using future tax revenue so bonds are just a way to spread out tax increases over time. And if issuing currency is inflationary, so is creating money through bank credit or debt issues.

Bush is a symptom, not the disease.
by Carrie (migeru at eurotrib dot com) on Fri May 11th, 2007 at 06:02:14 AM EST
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