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All right Noah, maybe I can shed some light. Economists call it seigniorage, but ordinary people call it printing money. And ordinary people intuitively perceiv
by credit_guy 5y ago
All right Noah, maybe I can shed some light. Economists call it seigniorage, but ordinary people call it printing money. And ordinary people intuitively perceive that printing money can't come without inflation. And they look around in their day to day life, and see inflation creeping everywhere. After only about 2-3 Trillion in printed money (but who's counting?). Add 3.5 T more, and how can inflation not creep up even more?