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> The theory is that the increasing supply disincentives people from just letting their money sit stagnant I've always found this hypocritical in some way, sin
by lurking15 2y ago
> The theory is that the increasing supply disincentives people from just letting their money sit stagnant
I've always found this hypocritical in some way, since Keynesians and other Great Society/New Deal types are now generally very pro-environment and supposedly anti-consumerism.
So we're now in a situation where funny enough standard economics (which we're told is brain dead to oppose) would be exactly pro-consumerism and anti-environment just based on the idea of it incentivizing people to "not let money sit idle". It's clear to me that they're now faced with a problem being so pro-consumerism - they have to control the consumer through ever increasing regulation and surveillance.