It's Marxist thinking. "Hey, since money buys things, if we print more money then we can buy more things and be rich!"
Except that money is a ruler and printing more money just shrinks the marks on the ruler. It's still a foot long.
It's Marxist thinking. "Hey, since money buys things, if we print more money then we can buy more things and be rich!"
Except that money is a ruler and printing more money just shrinks the marks on the ruler. It's still a foot long.
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