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Re:Help the Library of Congress Create Games That Improve Pu... by WalterBright on Tuesday August 01, 2023 @01:23PM (#36959194)
No, it's to inflate the money whenever the government needs to spend it. Which is what it has done continuously since its inception. The same has happened in every other country that switched to fiat money.
Re:Help the Library of Congress Create Games That Improve Pu... by Aunche on Tuesday August 01, 2023 @03:05PM (#36960908)
Monetary policy isn't fiscal policy. Perhaps monetary policy is preventing politicians from facing the consequences of bad fiscal policy, but the alternative is suggesting accelerationism. It's not countries that relied on gold never overspent themselves to ruin.