In the language of generational accounting, by issuing bonds to finance a war in the present:

Question

Quizplus · Accepted Answer

By issuing bonds to finance a war in the present, the burden of paying off those bonds falls on future generations, who are effectively helping to pay for the peace that they will enjoy. This is the basic idea behind generational accounting, which looks at how current policy decisions have implications for future generations. Option A is incorrect because financing a war through bonds means there is still a burden to be paid. Option C is partially correct, but fails to acknowledge the future burden on generations to come. Option D is incorrect as it implies that future generations do not also bear some of the burden. Option E is incorrect as one answer must be correct.

In the Language of Generational Accounting, by Issuing Bonds to Finance