How Not to Fight Inflation

Re:How Not to Fight Inflation by lumost on Saturday July 16, 2022 @10:20AM (#32118401)

Maybe too much of our money supply is derived from debt? If the economy needs fresh money printed, it may need to be delivered via actual printing and distribution.

Pre fiat, economies did have continuous injections of gold and silver mining to provide debt free money supply. Would it be wrong to QE via direct printing and government spending? At least then we may get roads, bridges, and other societal assets out of QE vs record prices for picasso’s.

[ Parent | on HN ]

Re:How Not to Fight Inflation by imtringued on Saturday July 16, 2022 @07:55PM (#32123049)

Come on just introduce negative interest rates on cash. We can reduce the money supply and people can reduce their work weeks instead of accumulating savings that get eroded by inflation.

[ Parent | on HN ]

Re:How Not to Fight Inflation by lumost on Saturday July 16, 2022 @08:30PM (#32123245)

Negative interest rates would be both an inflation incentive and an direct money transfer to banks?

[ Parent | on HN ]