XJO - Bear Posts only (Factors which might cause the markets to fall), page-23056

No deficit spending leads to the devaluation of the currency. There is no elastic band that will snap back things to previous price levels, that's in the past now, the devaluation is ongoing, you need to do something to protect your money. You have private sector lending that can also inflate but it's kinda transitory unless the government ramps up spending which they are
.
During the John Howard years, he reduced government debt via GDP expansion via private credit growth but it's always some game of inflating something else to pay something else.

Now the government is into direct deficit spending until the cows come home, if that frightens you and don't want to buy anything to to protect yourself, then good luck saving your money in their soon to be worthless tokens/garbage money.