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Money creation and inflation are the same, according to an economic view that's like 100 years out of date. Money has to be spent to create inflation. Money tha
by Finnucane 5y ago
Money creation and inflation are the same, according to an economic view that's like 100 years out of date. Money has to be spent to create inflation. Money that goes nowhere does nothing. What happens in the economy matters.Supply AND demand make inflation.
Also, what is 'excess money'? How do you know what is 'necessary' and what is 'excess'?