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There are people that advocate that. I wish there were some good write ups on money printing after the 2008 crash. Theoretically that should lead to higher inf
by benj111 4y ago
There are people that advocate that.
I wish there were some good write ups on money printing after the 2008 crash. Theoretically that should lead to higher inflation, which it didn't until now (and for different reasons).
So yes established theory used to be that spending should match revenues, with the difference being made up by inflation essentially. What the latest thinking is, and the implications of that I don't know.
- mamonster 4y agoWell technically speaking it did lead to higher inflation, it's just that the things that got inflated(assets, especially financial ones) are not part of what people look at when they look at inflation.
- benj111 4y agoAre they more inflated than prior to 2008? By and large you need a relatively small amount of money to inflate an asset. The difference between all bitcoins being worth $10k each or being worthless is potentially just one person willing to pay that $10k for only one.