4 ms·
Better to just create trillions out of nothing and use them to buy financial assets, now that's a good use of money! (https://www.ecb.europa.eu/mopo/implement/
by louloulou 4y ago
Better to just create trillions out of nothing and use them to buy financial assets, now that's a good use of money!
(https://www.ecb.europa.eu/mopo/implement/app/html/index.en.html https://www.ecb.europa.eu/mopo/implement/app/html/index.en.h...)
- bluGill 4y agofalse dichotomy. Just because you can name some other bad use of money that we do doesn't make some other one good.
- louloulou 4y agoYou're talking about opportunity costs - it's not a false dichotomy at all. Spending trillions on financial assets mean they are not spent on other things.