3 ms·
> Printing more would ensure currency debasement. Lot of countries around the world intentionally debase their currency to stay competitive. It's a valid monet
by gridlockd 6y ago
> Printing more would ensure currency debasement.
Lot of countries around the world intentionally debase their currency to stay competitive. It's a valid monetary instrument. In the short term, currency debasement would lower the standard of living of Americans, but it would make their labor competitive.
- mas3god 6y agoAgreed