Fiscal policy an example is Zimbabwe and Germany. The method is however inflationary. A fiscal deficit is often funded by issuing bonds, like treasury bills or consols and gilt-edged securities. These pay interest, either for a fixed period or indefinitely. If the interest and capital requirements are too large, a nation may default on its debts, usually to foreign creditors. Public debt or borrowing refers to the government borrowing from the public. A fiscal surplus is often saved for future use, and may be invested in either local currency or any financial instrument that may be traded later once resources are needed.
A Word to the People but were heckled and had difficulty in making themselves heard. Ten years after the publication, on 14 August 2001, "Sovetskaya Rossiya" published an appeal entitled "Stop reforms of death!" («Остановить „реформы смерти“!»), in which the letter "A Word to the People" was called "prophesying". A Word to the People "A Word to the People" (Russian: «Слово к народу») was an open letter signed by twelve Soviet public figures. The declaration was published in "Sovetskaya Rossiya" (a newspaper that expressed anti-perestroika views) on 23 July 1991. The signers included writers Yuri Bondarev, Valentin Rasputin and Alexander Prokhanov, singer Lyudmila Zykina, war