The ability to create infinate money IS the problem
Again, by which metric? I’ve already explained to you how inflation does not correlate to currency creation empirically, what problem is the ability to create infinite currency?
It’s a artifact of our current debt = new money system.
I agree that debt is absurd, they should just create the currency outright, it’s pointless creating debt in a currency you denominate yourself
You haven’t said anything empirically you’ve just stated your case as fact ( just as I have but at least I’m not pretending to have presented it hard cold logic instead )
Anyway, the problem is being able to make the money. Your right at some point having to much money is good and sometimes having too much money is bad if your trying to manually control the economy . But doing that at all can be bad. It gives a few an immense power over the many. It’s best to limit it entirely rather then leave anyone’s thumbs on the scale.
Youre entirely right that it will have adverse consequences at times, but that’s kinda the point. You make a healthy economy by having healthy economic trade.
Here you have a wonderful source proving empirically the total lack of correlation between monetary aggregate increases and inflationary episodes. There is no contesting empiricism.
Your right at some point having to much money is good and sometimes having too much money is bad if your trying to manually control the economy
Yes, why wouldn’t you want to control the economy to make it better?
It’s best to limit it entirely rather then leave anyone’s thumbs on the scale
So we refer to my initial comment: “anyone telling you otherwise is just spewing neoliberal propaganda”.
You make a healthy economy by having healthy economic trade
No, you make a healthy economy by ensuring everyone has access to welfare, that’s what defines a healthy economy. The idea of economics should not be to maximize GDP but to maximize well-being of people as democratically decided by themselves.
Again, by which metric? I’ve already explained to you how inflation does not correlate to currency creation empirically, what problem is the ability to create infinite currency?
I agree that debt is absurd, they should just create the currency outright, it’s pointless creating debt in a currency you denominate yourself
You haven’t said anything empirically you’ve just stated your case as fact ( just as I have but at least I’m not pretending to have presented it hard cold logic instead )
Anyway, the problem is being able to make the money. Your right at some point having to much money is good and sometimes having too much money is bad if your trying to manually control the economy . But doing that at all can be bad. It gives a few an immense power over the many. It’s best to limit it entirely rather then leave anyone’s thumbs on the scale.
Youre entirely right that it will have adverse consequences at times, but that’s kinda the point. You make a healthy economy by having healthy economic trade.
Here you have a wonderful source proving empirically the total lack of correlation between monetary aggregate increases and inflationary episodes. There is no contesting empiricism.
Yes, why wouldn’t you want to control the economy to make it better?
So we refer to my initial comment: “anyone telling you otherwise is just spewing neoliberal propaganda”.
No, you make a healthy economy by ensuring everyone has access to welfare, that’s what defines a healthy economy. The idea of economics should not be to maximize GDP but to maximize well-being of people as democratically decided by themselves.