http://wikiless.i2p/wiki/Structural_deficit?lang=en
In practice this is argued to be because governments pay off debts by printing money, increasing the money supply and creating inflation, and is taken further by some as an argument against fiat money and in favor of hard money , especially the gold standard. [ 6 ] Post-Keynesian economics [ edit ] Some Post-Keynesian economists argue that deficit spending is necessary, either to create the money supply (Chartalism) or to...