4 ms·
> The government needs money to pay its loans that it took with interest, so what does it do? Detach the currency from anything tangible like gold or other prec
by reedjosh 6y ago
> The government needs money to pay its loans that it took with interest, so what does it do? Detach the currency from anything tangible like gold or other precious metals, then print more money as it desires.
That sounds like a government problem--not a capitalism problem. Though I do agree that this is the heart of the fiat issue.