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Reply #69: To be clear, we are not talking about deficits per se [View All]

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DireStrike Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-02-10 05:36 PM
Response to Reply #51
69. To be clear, we are not talking about deficits per se
But deficits financed by fiat.

I don't know my Florencian history. You are saying that this is the case? Hrm. The scale involved is a major difference, but I find it shocking that a city managed it.
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