3 ms·
This is a common misconception that I think is worth highlighting. Economic production does not increase the money supply. No matter how much economic value y
by tedsanders 9y ago
This is a common misconception that I think is worth highlighting.
Economic production does not increase the money supply.
No matter how much economic value you create in a transaction, the amount of money in the economy is constant (putting aside the activities of the Fed, Mint, and banks).