alt Hacker NewsBut, there is no fixed quantity of money in modern finance. It's created every someone or some business takes out a loan from a bank, and every time the government spends money. It's destroyed when the loans are repaid or taxes are paid.
But, there is no fixed quantity of money in modern finance. It's created every someone or some business takes out a loan from a bank, and every time the government spends money. It's destroyed when the loans are repaid or taxes are paid.
Infinite money is worthless. modern finance is bunk and infinite currency chasing finite energy is all there is.