Stuart Bowman on Nostr: The real answer to the question of why the government does not simply print all the ...
The real answer to the question of why the government does not simply print all the money it needs is that by putting the money into circulation and then subsequently reclaiming it through taxation they maintain a floor in demand for the currency
Published at
2024-05-03 19:27:55Event JSON
{
"id": "a39f451a9f132dbfc95945381ade42296e63b263445b606762522201cacc94ad",
"pubkey": "ff27d01cb1e56fb58580306c7ba76bb037bf211c5b573c56e4e70ca858755af0",
"created_at": 1714764475,
"kind": 1,
"tags": [
[
"e",
"b4bbf574b2a5156d04f6672e1dbf07ff536b0e8a6f1b7a79e42eb3ecd7cc7f43",
"",
"reply"
],
[
"p",
"c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11"
]
],
"content": "The real answer to the question of why the government does not simply print all the money it needs is that by putting the money into circulation and then subsequently reclaiming it through taxation they maintain a floor in demand for the currency",
"sig": "3ae041d5bc186a46373abaa316c43e301345df1dbf3853a55d91452f0c32b1707e74ec05480ef5abb6d90ba0e4cccfe8e24657b63498ba05015f960fa5dfb910"
}
