2 ms·

So the right way is to use emission but make sure peoples wages don't increase competitive with inflation. Making marginal people poor and padding the pockets o

So the right way is to use emission but make sure peoples wages don't increase competitive with inflation. Making marginal people poor and padding the pockets of people who have better options for fighting for higher wages? I'm in the later category so I wouldn't suffer but the entire concept sounds a bit evil tbh and an encouragement for inflation because corporations will get away paying their low ranking slaves less.

f1shy 2y ago
Of course is absolutely evil! Look any 3rd world country. The whole idea of inflation via emission is to dissolve people money: at the time of emission local money is say X for a dollar, the gov. uses the money at that value, pays salaries, etc, but at the time the people actually uses the money, it is X*2 for a dollar. That is the whole game. Horrible, yes, but the daily reality for most people in 3rd World countries.