@rockSlayerM to LeftismEnglish • 1 year agocrazy idea, let's just feed peopleimagemessage-square432arrow-up11.34Karrow-down198
arrow-up11.24Karrow-down1imagecrazy idea, let's just feed people@rockSlayerM to LeftismEnglish • 1 year agomessage-square432
minus-square@BgugilinkEnglish0•1 year agoMoney is not free. The cost of new money is devaluation of old money.
minus-square@unfreeradicallinkEnglish2•1 year 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.