I was just wondering how the US (or any country really) can pull out 100 billion on a given occasion ? Is the treasury just “printing” more money, or are taxes raised? (let’s say 200million Americans are active, that’s still $500 per person) . Or is it just debt passed on to future generations? It goes without saying that I am not fluent in finance

  • Today@lemmy.world
    11·
    2 months ago

    Part of the previous package was explained as…

    1- send some of our old stockpiled munitions

    2- pay US companies to build new ones to replenish

    So it’s a value, not a lump of cash.

      • etchinghillside@reddthat.com
        1·
        2 months ago

        Would it still be pulled from the Military spend budget? (Not that it’s not debt - but if it is part of that budget it’s not exactly pulled from thin air.)