2 ms·
> Printing more money just makes the truly valuable things take more units of an inflated currency poo Only true if everything else holds constant. Also, would
by MiroF 6y ago
> Printing more money just makes the truly valuable things take more units of an inflated currency poo
Only true if everything else holds constant. Also, wouldn't just apply to asset prices but all prices.
Everything else, unfortunately, is not holding constant. [0]
[0]: https://fred.stlouisfed.org/series/M2V https://fred.stlouisfed.org/series/M2V
- maerF0x0 6y agoNow this is just my conspiracy theorist side coming out, but I think the only reason the government cares about frequency of exchange is that they get a cut on each event. The more frequent the exchange, the sooner they get 100% of it back.