3 ms·
The government can simply print real money any time they want (or lean on the European Central Bank in the case of Germany). Why would they want to hold a usel
by rwmj 3y ago
The government can simply print real money any time they want (or lean on the European Central Bank in the case of Germany). Why would they want to hold a useless tchotchke instead?
- darthrupert 3y agoPrinting money doesn't increase the amount of money in real terms.
- dellamorta 3y agoYes, it does. Because then there is more money.
- darthrupert 3y agoEconomics 101 might be a good idea before engaging in economics discussions.
- rglover 3y agoBecause that "useless tchotchke" is going to be a life preserver for their government when the boat they've been shotgunning holes into the side of (their own currency) for 60 years finally sinks.