Governments print money 💰
Governments can print money they don't need to borrow under certain circumstances, such as during economic downturns or emergencies, to stimulate spending and investment.
This strategy, known as monetary financing, allows governments to avoid accumulating debt and potentially reduce the need for austerity measures. However, it carries risks, including inflation and loss of confidence in the currency.
Additionally, excessive printing can devalue the currency and harm economic stability. Therefore, while it's a tool available to governments, it must be used judiciously and in conjunction with other fiscal policies to ensure long-term economic health and stability.