>>60889337 (OP)
Government borrowing. They promise to pay it back plus interest after x amount of time (whether that interest beats inflation is another question).
>>60889337 (OP) >Government poor >Government want money >Government say to people: hey give me money, I will pay u back more later
People do this because loaning to government is safer than loaning to your friend billy who never pays u back
>>60889337 (OP)
They're IOUs by governments where you give them money and they promise to pay you back plus extra after a certain time. Its how the big demon Jews like the Rothschilds made heaps of money because they managed the war bonds of the French and British nations when they were at war and after France lost the govt collapsed so the Rothschilds kept all the money French people paid for war bonds and didn't need to pay them back