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> History teaches us that inflation will continue as long as the government keeps printing fiat money with no backing. The government (to be correct we should
by boole1854 4y ago
> History teaches us that inflation will continue as long as the government keeps printing fiat money with no backing.
The government (to be correct we should say: the Federal Reserve) has not been "printing money" for around a year now. Monetary base has actually declined by ~12% in that time:
https://fred.stlouisfed.org/graph/?g=UrKo https://fred.stlouisfed.org/graph/?g=UrKo
- WalterBright 4y agoIssuing debt is the same thing.
- boole1854 4y agoIssuing governance debt is definitely different from increasing the money supply ("printing money"). Debt can be financed by borrowing from the domestic or foreign private sector or from foreign governments / central banks.