Re:On the Experience of Being Poor-Ish, for People Who Aren't
by dahfizz on Monday March 01, 2021 @02:10PM
(#26306826)
If you want to be pedantic, they have the ability to create infinite nominal dollars. They cannot create infinite wealth.
Re:On the Experience of Being Poor-Ish, for People Who Aren't
by criticaljudge on Monday March 01, 2021 @02:41PM
(#26307314)
If they print money, they devalue the money people already have, so in the end again it is the people, not "government", who pay.
They create the money so they literally do. Doesn't mean it shouldn't be deployed wisely of course.