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If you say so, you don't know anything about macroeconomics, and John Maynard Keynes' thrift paradox. Money MUST BE printed, because players that use it (people
by faint_coder 9y ago
If you say so, you don't know anything about macroeconomics, and John Maynard Keynes' thrift paradox. Money MUST BE printed, because players that use it (people and businesses) _GROW_ over time! Did you heard that Facebook ALONE in 2014 generated almost $400,000,000,000.00 in economic activity? How that would haven been possible if we had the same USD volume supply of 1930? How derivatives, futures contracts, options contracts, options writing would be possible with a fixed USD volume at 1930's levels?! What you say is absurd, for modern economies. Please, read some more books on those topics. Thank you.