"During the pandemic, governments in developed countries used the inflation tax extensively to finance their increase in
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"During the pandemic, governments in developed countries used the inflation tax extensively to finance their increase in
"During the pandemic, governments in developed countries used the inflation tax extensively to finance their increase in spending." Analyse this statement in light of the discussions about money, inflation and the government's budget we had in class. As part of your answer, describe what tools the government could use to finance its deficit in this way.
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