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Turning your argument upside down: What stops the govt from printing money to bring inflation to 2%, hence financing the budget by indirectly taking from everyo
by gniv 6y ago
Turning your argument upside down: What stops the govt from printing money to bring inflation to 2%, hence financing the budget by indirectly taking from everyone's savings?
- jefftk 6y agoThis is something that some governments do, printing money to finance the government through seigniorage, but it tends to be the last resort of dictators and destroy the economy. Not an option anyone takes if they have anything better.