Assertion: deficit spending | /r/HasProperty | necessary for the issuance of new money
Facets:
value: for fiscal stimulus.[citation
type: PURPOSE
Source sentences:
text: This position is attacked from both sides: Advocates of federal-level fiscal conservatism argue that deficit spending is always bad policy, while some post-Keynesian economists—particularly neo-chartalists or proponents of Modern Monetary Theory—argue that deficit spending is necessary for the issuance of new money, and not only for fiscal stimulus.[citation needed]