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I assume you mean "isnt continuing" But that also doesnt seem to be the case. The question apparently is where that money is going. As long as it remains outsid
by cf141q5325 4y ago
I assume you mean "isnt continuing"
But that also doesnt seem to be the case. The question apparently is where that money is going. As long as it remains outside of the real economy it seems to be irrelevant. And even if it starts seeping into the real economy, it seems that the efficient market hypothesis is more of a belief then anything else. Which is no surprise if you realize that market inefficiencies allow you to make enormousness profits. Especially if you need to be a certain size to exploit them
- Retric 4y agoNo, I meant inflation can only continue long term while the government prints money. The problem is suppose an egg costs 10 X today and 20 X in 1 month. Sure in 1 month it might work but in 5 years it’s costing ~1.1 X 10^18 X and there is simply nowhere near enough X for a single transaction of anything. Which isn’t to say the economy would be better off in the short term. High inflation can be semi stable for long enough to be ruinous.
- cf141q5325 4y agoMoney creation also functions via loaning money into existence. As long as people keep loaning, no money printing is necessary.