| Title | : | What if we just printed more money? |
| Lasting | : | 0.39 |
| Date of publication | : | |
| Views | : | 4,2 rb |
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why not make it a law that you have to have goods and services to match the money supply at all times Comment from : Brandon Govreau |
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Well I agree this applies to common currency/money but not the USD, acting as the world`s currency while still serving US interest has given it extra properties On the micro level, yes money is money but on the Marco level, USD is powered by US military might, techlogical superiority and the transaction system SWIFT As it says " the USD is not our problem, it's yours" Backed by being the world`s currency, inflation in local US is not really a big problem, as with the control of interest rates, nations all over the world have weakened economies and US Capitalists can acquire their assets plus other countries have to have USD as that's the only form of trust/value, further sucking the excess USD away from US currency pool Tho as US continue to abuse this power, dedollarization will make this extra properties disappear n US locally will suffer Comment from : Hackerbrine Lam |
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Who proposes just printing more money? The proposal is for governments to print and bspend/b the money in counterinflationary ways It takes investment to create goods and services Comment from : Uri Strauss |
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The mathematical principle known as the Pigeonhole Principle makes it clear that MATHEMATICALLY, prices bMUST/b increase when you expand the money supply more/faster than the number of goods/services offered Money is the "pigeons" and goods/services are the "holes" Comment from : Ryan Sears |
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Quick, someone tell the government! Comment from : Jesse NoName |
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LL stick with this awesome content Comment from : GiL69 |
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