3 ms·
> 1: The root of inflation is the printing of money Japan enters the chat * https://fred.stlouisfed.org/graph/?g=PA7P https://fred.stlouisfed.org/graph/?g=PA7
by throw0101a 4y ago
> 1: The root of inflation is the printing of money
Japan enters the chat
* https://fred.stlouisfed.org/graph/?g=PA7P https://fred.stlouisfed.org/graph/?g=PA7P
> 2: No government will reduce the printing of money. It is just too convenient. It is like taxing more and more without getting much complaints.
It's not the government that creates money, but rather private banks:
* https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m...
* https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625