3 ms·
printing money obviously can't be the "root" cause because it's not an independent variable - it's the product of a social institution implementing policy which
by LesZedCB 3y ago
printing money obviously can't be the "root" cause because it's not an independent variable - it's the product of a social institution implementing policy which was decided on.
so, who decided? why? to benefit whom? i suppose therein lies the root cause.
- npoc 3y agoA policy decided on through a collusion between government and the private central banks, which benefits both of them and steals from the population through the Cantillon effect and the stealth real wage reduction. Workers are getting pay cuts while thinking they are getting pay rises, and they then blame the shops who have to ask for increasing numbers of the the devaluing units of currency in exchange for the same item.