2 ms·
Yeah, with money supply I actually was thunking of some vague future approach rather than the current setup. Be that some crypto thing, or the intriguing Sovere
by CuriousSkeptic 5y ago
Yeah, with money supply I actually was thunking of some vague future approach rather than the current setup. Be that some crypto thing, or the intriguing Sovereign Money[1] proposal.
And as for redistribution, I suppose just “printing” money into peoples account would more or less have the intended effect as well. I do suspect a 10% inflation rate would lead to simple logistics costs as the nominal amounts kept changing.
But yes, if only more policy was evidence based…
[1] https://assets.kpmg/content/dam/kpmg/is/pdf/2016/09/KPMG-MoneyIssuance-2016.pdf https://assets.kpmg/content/dam/kpmg/is/pdf/2016/09/KPMG-Mon...
- Ericson2314 5y agoNice link! Thanks. Very into centralizing the boring parts of banks as a utility like that, and just letting private banks do their funny stuff without captive regular people, but didn't no Iceland was thinking about it somewhat seriously.