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> Anytime the government spends money on anything it prints money to do so. This is how governments work. According to some economists. Not all economists agre
by blendergeek 4y ago
> Anytime the government spends money on anything it prints money to do so. This is how governments work.
According to some economists. Not all economists agree with this.
> Can we debate the ROI of the activity, rather than “inflation bad”, “printing money bad” or “politician bad”?
Essentially you are asking everybody to accept the debated point that you are making (Modern Monetary Theory) and then argue for their position while accepting yours as fact.
I disagree that government must print money in order to spend. We could use a system of private banks and physical backing as a medium of exchange instead of government money. Some countries transact trade in the US dollar. Are those mereley vassal states of the USA?