• Camelbeard
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    English
    120 hours ago

    On Wikipedia it says

    Mmt principals (nr 3) Is limited in its money creation and purchases only by inflation, which accelerates once the real resources (labour, capital and natural resources) of the economy are utilized at full employment

    So you can’t really always print more money, unless you don’t care about inflation (that mostly screws the middle class).

    • @[email protected]
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      fedilink
      English
      120 hours ago

      But you can print more money while labour, capital, and natural resources are not fully utilised - which is a lot more than it is generally done at the moment.