Re:Money Creation in the Modern Economy
by eru on Sunday January 15, 2023 @02:33AM
(#34387487)
Alas, discussion of money and especially money creation online tends to be of uniformly low quality.
(To be fair, even many economists have a fairly nebulous understanding.)
What's somewhat ironic is that the some of the actual 'Austrian' economists like George Selgin have a pretty good handle on the topic, but 'Internet Austrians' invariable are some of the worst misunderstanders.
(To be fair, even many economists have a fairly nebulous understanding.)
What's somewhat ironic is that the some of the actual 'Austrian' economists like George Selgin have a pretty good handle on the topic, but 'Internet Austrians' invariable are some of the worst misunderstanders.