Re:Banks, QE, and Money-Printing
by jpgvm on Tuesday November 03, 2020 @08:14AM
(#24979308)
The bridge is the value, it will increase productivity and quality of life (same can be said for other infra projects).
The money comes from everyone holding the currency. When you print money you devalue all the existing money, this is called inflation. So effectively "everyone" paid for the bridge that is holding your currency.
The money comes from everyone holding the currency. When you print money you devalue all the existing money, this is called inflation. So effectively "everyone" paid for the bridge that is holding your currency.