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So if printing makes dollars worth more, why stop? Or that effect only applied to 2009?
by MadSudaca 5y ago
So if printing makes dollars worth more, why stop? Or that effect only applied to 2009?
- arcticbull 5y agoBecause supply alone is not what defines the value of money. This is the concrete example of why Austrian economics is a wholly insufficient model.
- MadSudaca 5y agoI think the Austrian school explains quite well the phenomenon, like Newton’s Laws for dynamics.
- arcticbull 5y agoNow do Japan.