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You seem to think the money supply is fixed. It's not. We saw this just recently with Covid: governments simply printed more money to give out as assistance p
by midoridensha 4y ago
You seem to think the money supply is fixed. It's not. We saw this just recently with Covid: governments simply printed more money to give out as assistance payments. That's exactly what would happen in your doomsday scenario: the government orders stuff to be built/done, then prints up the money to pay people to do it, then worries about inflation later after the crisis is over.