RobertoG

184 ms·

1711.
by RobertoG 12y ago
Absolutely. But, why to loan the money if they may not pay back? Maybe they shouldn't loan the money. But, wait.. if they don't loan the money, who is going to buy their goods?
1712.
by RobertoG 12y ago
"Export exists, because someone outside of Germany thinks goods from Germany are better than goods from their country" We wish economy was so simple. Goods from Germany are better than goods from their country, and the price is g
1713.
by RobertoG 12y ago
"It's a fallacy to pick and choose events in the ultracomplex global economy and form a story from that." You are probably right but, this has not prevented the Germans (or, at least, the German press) to create a narrative o
1714.
by RobertoG 12y ago
That’s a very strange way of thinking about money. Money is valuable but only in the context of an economy. Your example is true only if the economy didn’t grow that year. You could make the opposite example. You have 100 dollars today an
1715.
by RobertoG 12y ago
I think you are being a little unfair to Keynes here. Printing money doesn’t make people think that there are more goods and services. Money is a real thing, is a medium of exchange and there is a demand for it. If you have not enough suppl
1716.
by RobertoG 12y ago
You could check against bus drivers for instance.
1717.
by RobertoG 12y ago
Inflation is a function of the quantity of money in the system. Basic income money doesn’t come from “printing” more money but from taxes, so, it’s a redistribution scheme. You could expect to see some price changes but not general inflatio