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Maybe too much of our money supply is derived from debt? If the economy needs fresh money printed, it may need to be delivered via actual printing and distribut
by lumost 4y ago
Maybe too much of our money supply is derived from debt? If the economy needs fresh money printed, it may need to be delivered via actual printing and distribution.
Pre fiat, economies did have continuous injections of gold and silver mining to provide debt free money supply. Would it be wrong to QE via direct printing and government spending? At least then we may get roads, bridges, and other societal assets out of QE vs record prices for picasso’s.
- imtringued 4y agoCome on just introduce negative interest rates on cash. We can reduce the money supply and people can reduce their work weeks instead of accumulating savings that get eroded by inflation.
- lumost 4y agoNegative interest rates would be both an inflation incentive and an direct money transfer to banks?