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Re:Boeing chief must have engineering background, Emirates b... by hayst4ck on Wednesday March 27, 2024 @06:02AM (#39837218)
Ray Dalio's video explicitly explains the causal link between printing money and corruption.

Printing money (as a fiat reserve currency) implies the decline of rule of law and therefore corruption, but corruption does not imply that money was printed, nor does the lack of printing money imply low corruption.

Re:Boeing chief must have engineering background, Emirates b... by tpm on Wednesday March 27, 2024 @08:14AM (#39838030)
> "corruption does not imply that money was printed, nor does the lack of printing money imply low corruption."

If corruption is independent of money printing, "Printing money directly fuels corruption" is not a true statement.

Re:Boeing chief must have engineering background, Emirates b... by hayst4ck on Thursday March 28, 2024 @05:11PM (#39857357)
I think if you draw out the logical statements I've made one implication correctly. I claimed A implies B is a true statement and that if A implies B is true, that doesn't mean B implies A or ~A implies ~B. (although ~B does imply ~A if A implies B).

True:

  A implies B: Printed money implies a rise of corruption
  ~B implies ~A: Low corruption implies money wasn't printed
False:

  B implies A: A rise in corruption implies printed money
  ~A implies B: Not printing money implies low corruption

I did not say A and B are independent, I said A implies B, not A IFF B.