4 ms·

This isn’t necessarily true. There’s been a lot of money injected into the economy in the last 10 years and it hasn’t caused mass price increases.

• steve76 6y ago
  Take the printed money and: keep it in the bank to shore up fractional reserved deposits buy bonds that no one wants because you are paying to lend pay interest on debt, often within the same entity pay fees to hold deposits or buy bonds All that takes dollars out of the world. The few dollars that get through stay at the top, paying the people who messed up in the first place. They keep on making things no one wants, so you have a glut of that. Few dollars chasing an abundance means price really should be zero or "just take it" or even "I'll pay you to salvage junk." Add in the people who mess up take that free money and do things like stock buybacks. The price of their stuff skyrockets. Or lowering cost which means not hiring anyone. The barrier to access increases. You have to be a computer programmer to land a secretary job, or unify physics to be in sales. Why is this done? Generational: A lot of teenagers. A lot of seniors. Few people in their prime earning years. If you let the Fortune 500 collapse, you get all that above. Also the people who have access go back on the soup line with you. They share knowledge. They collaborate. Doing it now will kill the young and old. Diplomacy: Money will go somewhere else. Mercantile dictatorships. Piracy. Not too big of an ask if what we really are buying is not another world war.