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Why is it already the government's money?
by mech1234 7y ago
Why is it already the government's money?
- jchanimal 7y agoThey print it and they defend its value by providing a legal and defense framework within which the market operates. If it is better for the economy that quantitative easing happen via cash payouts to the people rather than via capital injections to banks, the government has the purview to do that.
- zoonosis 7y agoIt is hard to justify government control of the money supply with the argument that they protect its value when you look at the value of the dollar over the past hundred years.