3 ms·
Dead on. Helicopter money while at the same time forcefully shutting down production lead us where we are right now. Constraining actual economic output while p
by seneca 4y ago
Dead on. Helicopter money while at the same time forcefully shutting down production lead us where we are right now. Constraining actual economic output while pumping up demand with cheap money.
"Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output." - Milton Friedman