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> This is what happens when you keep printing money The problem isn't "printing money", inflation is a good thing as it encourages investment and maintains the
by conscion 5y ago
> This is what happens when you keep printing money
The problem isn't "printing money", inflation is a good thing as it encourages investment and maintains the movement of money. The problem is that printed money is only being put towards one purpose - capital markets - so the capital markets are what inflates (at the expense of everything else). If the printed money was being used on infrastructure payments, or some other distributed investment, the inflation would go to general labor first, which then would spread the inflation across the entire economy as they made individual purchase decisions.