empty vessel
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Well, he did say "pretty much everybody." Which is probably true. It's just that pretty much everybody doesn't know what they're talking about. A creator of currency doesn't need to balance anything in any given year. It just either net creates money (deficit) or net destroys it (surplus). As to creation, it just needs to make sure that it doesn't create so much currency that it provokes a sharp and sustained rise in the price of goods (inflation). But money creation is necessary for an economy to grow. Translated, that means deficits are necessary, which is not the same thing as saying that it doesn't matter how large the deficit is. Although as long as there is any slack in the economy (i.e., unemployment), then we can safely say it isn't large enough.
If an economy is a fire, money is its oxygen. If you drain an economy of money (surplus), it gets weaker. If you add money (deficit), it gets stronger. But if you add too much too quickly, you can get an explosion (inflation).