Re:The Gold Standard and the Great Depression (1997)
by mohanmcgeek on Wednesday October 27, 2021 @05:59AM
(#29011234)
> Expand the money supply without expanding the value that money represents
Literally the only way to increase the money supply is increasing the underlying assets' value overall.
It's because people are somehow led into believing that the government can arbitrarily print money, everything that's normal seems like mental gymnastics.
Literally the only way to increase the money supply is increasing the underlying assets' value overall.
It's because people are somehow led into believing that the government can arbitrarily print money, everything that's normal seems like mental gymnastics.