TheGuySwann on Nostr: This is an absurd statement, imo. Printing money literally does **nothing** for the ...

This is an absurd statement, imo. Printing money literally does **nothing** for the economy and axiomatically cannot. You have conflated digital payments with the idea of fiat, which aren’t related at all. Fiat is simply the side effect of digital payments without genuine digital money.

In place of real money, we got authority as a bandaid with a huge set of unintended consequences.

I think you have made a very fundamental error between payments and money. Fiat has literally nothing at all to do with technological progress or economic growth. To the contrary, it has done nothing but stifle it rather remarkably.