Opinion

No, we can't just print more money during COVID-19

Simon Cowan
Updated July 2 2021 - 1:24am, first published August 1 2020 - 12:00am
Despite what some interested parties might tell you, it all has to be paid back in the end. Picture: Shutterstock
Despite what some interested parties might tell you, it all has to be paid back in the end. Picture: Shutterstock

The Treasurer's recent fiscal update was pretty grim reading. The enormous increase in public spending, together with the collapse of public revenues, has resulted in unprecedented deficits this year and next.

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Simon Cowan

Simon Cowan

Canberra Times columnist

Simon Cowan is research director at the Centre for Independent Studies and a regular columnist for The Canberra Times.

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