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So why not just print $300b? If adding $300b to the economy didn't cause inflation, why not do it again? Given every citizen $1k like in the futurama episode.
by isostatic 10y ago
So why not just print $300b? If adding $300b to the economy didn't cause inflation, why not do it again?
Given every citizen $1k like in the futurama episode. Or use it to fund meals on wheels for a century.
- ropiku 10y agoBut those $300b weren't sitting there idle, they were already in the economy in the first place. They don't have to be in the US to be loaned/invested in US companies.
- lisper 10y ago> They don't have to be in the US to be loaned/invested in US companies. They don't? That's news to me. How do you invest in a U.S. company without bringing the money into the U.S.?