alt Hacker NewsIt doesn’t just print money. It raises money or backs it by assets. It amazes me that people have no understanding of basic economics, or what qualitative easing is. Study the 2008 financial crisis to understand the power of modern monetary theory.
It doesn’t just print money. It raises money or backs it by assets. It amazes me that people have no understanding of basic economics, or what qualitative easing is. Study the 2008 financial crisis to understand the power of modern monetary theory.
It works great, right up until it doesn't, according to historians.
According to anthropologists, we are all still the same barbarians we've ever been.
According to biology, scarcity ( the ultimate downstream effect outcome of money printing in the US since at least 1971 ) promotes aggression and reduced breeding.
According to Confucious, it's good to live in interesting times, unless that was meant as a curse ?