3 ms·
Sounds like we just fundamentally disagree here, nothing wrong with that. I view the increase in money supply a core issue that harms all of us. Yes, it wouldn
by _heimdall 1y ago
Sounds like we just fundamentally disagree here, nothing wrong with that.
I view the increase in money supply a core issue that harms all of us. Yes, it wouldn't technically matter if all of us received the new money in a perfect allocation based on the amount of money we currently hold - if I have $100 and the supply increases by 2% I'm fine if I now have $102. It never works like that though, and never will.
Allocation is only one of the challenges to deal with when debasing the currency by increasing supply.
- Eisenstein 1y agoThere is no perfect policy and everything has a trade-off. I guess the question really is 'what happens if we can't increase money supply?' and determining whether we'd we better off with those effects.