You can’t. Nation states can, do, and will continue to do so as long as they possess monetary sovereignty.
Sorry, but you’re deluded. A national economy is not like your household budget. It simply doesn’t follow the same rules. It doesn’t function in the same way. You know how I know? Because Herbert Hoover tried what you suggest when the Wall Street Crash of ’29 happened. He cut spending. Guess what happened? He made a banking crisis into the Great…