4 ms·
Money printing? Anyone? Any link to inflation?
by cosmin800 3y ago
Money printing? Anyone? Any link to inflation?
- astrange 3y agoFunny thing about this is 1. it certainly can be true. 2. but also if other countries print money, it can still cause inflation in your country. 3. and you can't stop them from doing that. So "don't do it" won't save you. You also need diplomacy and an army. Also, a better explanation of the theory isn't "money printing" but "higher money velocity" aka MV=PY, which is why it's managed with interest rate hikes.