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Learn the basics of budget deficits, surpluses, and federal spending in just one minute. Understand the difference between deficit spending and surpluses, and how they impact the government's debt. Get insights from economic expert Milton Friedman on the relationship between deficits and government spending. Stay informed about the impact of these fiscal policies on your finances.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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