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> ... if a government controls its own currency and needs money — to make sure its citizens have food and places to live when, say, a global pandemic pushes ma
by ephbit 5y ago
> ... if a government controls its own currency and needs money — to make sure its citizens have food and places to live when, say, a global pandemic pushes many out of work — it can just print it, as long as its economy has the ability to churn out the needed goods and services.
Wowowow .. "it" can print? "It", the government? Wait, I thought the central banks were totally independent ... let's be careful here and not fall out of our carefully crafted narrative.