Alberto Veronese | DEFICITS... let’s Crucify Mankind Upon a Cross of Gold @fistfullproduction | Uploaded October 2018 | Updated October 2024, 6 hours ago.
The private sector has a desire for financial assets. If it is not supplied with, it will try to save in order to acquire them. But saving, as Keynes explained, cuts demand and raises unemployment. A Government absolutely has to supply the private sector with base money and government debt that the private sector wants, and government does that by running deficits.

related...
“We Need a Bigger Deficit"
by William Vickrey, Working Paper No. 2, Jan 2000
cfeps.org/pubs/wp-pdf/WP2-Vickery.pdf

“Why so-called deficits are economic necessities”, Oct 22, 2018
Lars P. Syll, PhD in economic history, PhD in economics in 1997.
larspsyll.wordpress.com/2018/10/22/why-so-called%E2%80%8B-deficits%E2%80%8B-are-economic-necessities

William Spencer Vickrey (21 June 1914 – 11 October 1996)
“The ‘deficit’ is not an economic sin but an economic necessity. […]”

“You shall not crucify mankind upon a cross of gold.”
William Jennings Bryan (March 19, 1860 – July 26, 1925)