3 ms·

Zero inflation does not line their pockets

• kayamon 4y ago
  ^ rich people create new money every day so that they'll have more money than you
• Aachen 4y ago
  That's not a reason but a hypothesis.
  • sparkie 4y ago
    If you had a machine that printed $10 bills, would you line your pockets?
    • Aachen 4y ago
      That's still not a reason, that's an attempt to extract a counterfeiting confession! You'll not get no confession from me FBI sir no sir! I'm not sure idle speculation on corruption is what OP was asking for or helpful to anyone else for that matter.
      • sparkie 4y ago
        The central bank is doing it, they just have a license to produce counterfeits. If you could get away with it, you would too. The ~2% target they aim for is really "this is probably what we can get away without without prices exploding so fast that people notice and start protesting our policies." If they can get away with >2% they will. With a convenient excuse like COVID, they will not miss the opportunity to enrich themselves as much as possible, because its easy to shift the blame on price increases away from themselves. Can guarantee they're eagerly awaiting the next emergency where creating trillions of dollars is 'the only solution.'