@rockSlayerM to LeftismEnglish • 11 months agocrazy idea, let's just feed peopleimagemessage-square432arrow-up11.34Karrow-down198
arrow-up11.24Karrow-down1imagecrazy idea, let's just feed people@rockSlayerM to LeftismEnglish • 11 months agomessage-square432
minus-square@BgugilinkEnglish0•11 months agoMoney is not free. The cost of new money is devaluation of old money.
minus-square@unfreeradicallinkEnglish2•11 months agoDevaluation is not a cost. It is, however, a consequence of expanding the money supply. In turn, however, expansion of supply is not a threat, because of the various capacities for the government to withdraw money, as through taxation, or central bank policy.
Money is not free. The cost of new money is devaluation of old money.
Devaluation is not a cost.
It is, however, a consequence of expanding the money supply.
In turn, however, expansion of supply is not a threat, because of the various capacities for the government to withdraw money, as through taxation, or central bank policy.