Fiscal Illusions- Who Really Controls the Money?

We are told the government “controls the economy.” That fiscal rules maintain stability. That budgets reflect responsibility.

But the truth is far more troubling.

Fiscal rules are written, rewritten, and ignored by the very politicians who claim to be bound by them. They are not safeguards — they are illusions. And unless the governance of public finance is fundamentally reformed, the same failures will continue.

This video exposes the problem — and outlines the core principles needed to restore accountability to economic decision-making.