Deficit | Types of Deficit | Economics | SSC & UPSC
26:38
YouTubeParcham Classes
Deficit | Types of Deficit | Economics | SSC & UPSC
#parcham #parchamclasses #parchameconomics Lecture 18: This session consists of details of deficits and all their types. It will be useful for SSC, UPSC-CSE, CDS, CAPF, EPFO, APFC etc. PDF: https://parchamclasses.in/economics/ Economics Playlist - https://youtube.com/playlist?list=PLJ0PDUtEYgayoyxD6IXOPYDAzr1havLFz ******************** New ...
161K viewsDec 20, 2022
Deficit Spending Explained
Almost 50 years ago, Milton Friedman explained what politicians still try to hide: deficit spending isn't free money—it's just taxation by another name. When the government spends more than it collects, someone has to pay, but who picks up the check? You do. Through inflation—the hidden tax nobody votes for but everyone pays. | Free To Choose Network
1:13
Almost 50 years ago, Milton Friedman explained what politicians still try to hide: deficit spending isn't free money—it's just taxation by another name. When the government spends more than it collects, someone has to pay, but who picks up the check? You do. Through inflation—the hidden tax nobody votes for but everyone pays. | Free To Choose Network
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