4 ms·
Government has no money. They do not produce anything. There is printing. Govt can print money and give it to people, which causes inflation. I live in Poland.
by p0w3n3d 1y ago
Government has no money. They do not produce anything. There is printing. Govt can print money and give it to people, which causes inflation.
I live in Poland. When I as 4 people were losing every money they had at their own because of hiperinflation because govt was spending too much money. They just printed it.
When it started my parents were earning 1000zl monthly, a few years later I could buy one ice cream ball for 2500zl.
- toomuchtodo 1y agoDoes Poland not have public housing? Public transport? Roads? Government owns infrastructure. If you don't want to call printing money to provide that to citizens, I'm open to other verbiage as it relates to what UBI and future monetary systems look like. Government creates money. Government builds things. The money is just the accounting.