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RE: Financial Advice 5: Budgeting Basics
Thank you for reading this Piotr. The words we use to portray ourselves definetely make an impact upon others perceptions.
Funny thing you bring up governments and banks being able to do as the please, such is not the case in the long run. Printing money leads to hyperinflation and a destroyed economy. So does overspending. Governments can run small perpetual deficits because they have more control over inflation than individuals and they have the power to raise taxes. They should still have some restraint. I believe you're from Venezuela so you have seen the effects of poor monetary and fiscal policy first hand.
Best of Luck