How does a government get funds to cover a budget deficit? How does financing a budget deficit

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How does a government get funds to cover a budget deficit? How does financing a budget deficit affect the central bank’s monetary policy?


In the 1980s, it was Argentina, Mexico, and the Philippines that struggled with unsustainable debt loads. In the 1990s, it was Russia and the go-go economies of East Asia. Today, it is the United States, Japan, and Europe.

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