Fiscal Deficit is a "tool",misused by governments to deprive the masses of subsidy.It is an excuse for the Government ,Central Banks etc to make monkeys of the people,resulting in loss of wealth ,of the citizens.
Deflation,Inflation,Disinflation etc are als,o pseudo-technical terms to cheat the subjects of a nation,
It is done,like this on the diktat of the IMF,
1.IMF demands "structural reforms",which are reduction in tax to the and DEREGULATION,for the Corporations ,MNCs.
2.After reducing the tax the Fiscal Deficit rises.
3.Then the Government cuts subsidy to the poor and Middle Class citing a higher Fiscal Deficit,while,less tax is SUBSIDY for the Oligarchs.
PSUs are DIVESTED out of,to usher in Privatization.
Central Banks need deflation,Inflation etc to manipulate the interest rates,while these are CREATED by the very same Central Banks,themselves by manipulating the Currency,sometimes misusing the Printing Press.
Thus in the Eurozone a negative rate exists to service the HUGE Debt.other developed economies having huge debts keep a very low Interest rate.QE is also resorted to,to cancel the debt.
For ordinary people,Fiscal Surplus is a must.Deflation is also a must.
Inflation makes the people of a nation poorer.
Will be updated...............
Deflation,Inflation,Disinflation etc are als,o pseudo-technical terms to cheat the subjects of a nation,
It is done,like this on the diktat of the IMF,
1.IMF demands "structural reforms",which are reduction in tax to the and DEREGULATION,for the Corporations ,MNCs.
2.After reducing the tax the Fiscal Deficit rises.
3.Then the Government cuts subsidy to the poor and Middle Class citing a higher Fiscal Deficit,while,less tax is SUBSIDY for the Oligarchs.
PSUs are DIVESTED out of,to usher in Privatization.
Central Banks need deflation,Inflation etc to manipulate the interest rates,while these are CREATED by the very same Central Banks,themselves by manipulating the Currency,sometimes misusing the Printing Press.
Thus in the Eurozone a negative rate exists to service the HUGE Debt.other developed economies having huge debts keep a very low Interest rate.QE is also resorted to,to cancel the debt.
For ordinary people,Fiscal Surplus is a must.Deflation is also a must.
Inflation makes the people of a nation poorer.
Will be updated...............
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