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Printing money is not an investment in the future. There is no net change in resources available.
by unanswered 6y ago
Printing money is not an investment in the future. There is no net change in resources available.
- scintill76 6y agoIs it printed?
- unanswered 6y agoIt doesn't actually matter. You can s/printing money/anything the government does with money/ because the government does not typically produce a net gain in resources. That is done by labor and resource extraction. Planting a tree is an investment in the future. Paying someone to dig up a tree and replant it in your yard is not.
- mrnotcrazy 6y agoI don't think this would be printing money? I'm also not saying this is a good idea but it does sound like it would be supported by taxes. I may be misunderstanding what you mean by printing money.
- nostrademons 6y agoSince the government can and does run infinite budget deficits, it's effectively printed. Sure, some is coming from taxes, but it's pretty unlikely that taxes will go up by an amount equivalent to the program costs. Economically, inflation is equivalent to a tax on dollar-denominated held wealth, though. So it basically amounts to the same thing as taxes, but is paid for by bondholders, pensioners, people with fat savings accounts, and folks who lack bargaining power in their wages (i.e. most service & manufacturing workers) rather than high-earners.