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It is hard to take peoples arguments of cost seriously when governments around the world are printing fiat at alarming rates. Covid has proven that where there
by throwaway69123 6y ago
It is hard to take peoples arguments of cost seriously when governments around the world are printing fiat at alarming rates. Covid has proven that where there is a will the money can be found.
- gumby 6y agoAs it happens, macroeconomics and microeconomics are different, like chemistry amd physics are different.* The printing presses are not running in order for governments to buy more stuff. That printing could be good or bad, but any argument based on “run printing presses as a way of raising money” doesn’t address any of the issues. Nobody has advocated that in decades (the odd Zimbabwean despot aside). * I’m not claiming economics is anywhere near as scientific as chemistry or physics, heavy trappings of math notwithstanding.