Dead Horse Interchange

Venomous Masculinity wrote: ↑

Sat Sep 04, 2021 5:22 am

If making more of a currency reduces the value of it, why is the solution always to print more rather than tighten our belts?

Because then nobody make enough money anymore as nobody is spending it.
So you devalue it, to make saving a bad idea to force people to spend it.

Yes, that's shitty and eventually collapses but you can keep up that charade for a while. Ideally until you are in retirement and some other government fuck can hold the L you made.