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Do deficits matter?

posted by Avatar Cittiperth 565 days ago in USD, Fundamental, Trade made popular 565 days ago

The short answer is yes, but more specifically, sort of. Non-economists generally think of deficits as an issue of responsibility. Deficits mean that we are living beyond our means. This is not good, as it will surely come back to haunt us. This seems intuitive, but is it economically sound.
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