Fiscal Rules are invented.
There are no rules, they are self imposed.
Any country with its own currency can create money whenever it is needed providing inflation is controlled by tax and the money has a purpose for use.
Financial Times:
"As is the norm in Britain: the average lifespan of a UK fiscal rule is 3.8 years ā the shortest across the OECD".
https://www.ft.com/content/f902e07b-00ec-4be2-9eca-0710ca754c6b
Sadderp š®šŖ šŖšŗš«š· /
npub1mwā¦mwc9s
2025-03-19 08:30:39
Author Public Key
npub1mw7j9y724xdhk7vzna024s8k0d477h75z6f33qw7eqjqpkn3lvzsxmwc9sPublished at
2025-03-19 08:30:39Event JSON
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