minus-squaretaponoth@lemmy.mltoProgressive Politics@lemmy.world•Mamdani balanced the NYC budgetlinkfedilinkarrow-up28·9 days agoLocal government isn’t a currency issuer though. Sure a city can issue bonds but that’s real debt, just like household debt. Currency issuing governments, well yeah that’s another story. linkfedilink
Local government isn’t a currency issuer though. Sure a city can issue bonds but that’s real debt, just like household debt.
Currency issuing governments, well yeah that’s another story.